5 articles found

US clears Paramount's $111 bn Warner Bros. takeover
June 12, 2026

The agreement ends a five-month bidding saga and creates an entertainment behemoth whose impact on a struggling media landscape — and connections to Donald Trump's White House — will be closely scrutinized.
February 27, 2026
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The deal puts a constellation of media properties — from CNN to Nickelodeon to HBO — under the control of the family led by Oracle tycoon and White House ally Larry Ellison.
February 27, 2026

Warner Bros. Discovery rejected Paramount’s hostile bid, backing Netflix’s $83 billion merger as offering greater certainty and value. Paramount countered with a $108 billion cash offer, amid political scrutiny over CNN’s future ownership and influence.
December 17, 2025