Paramount Skydance isn't giving up on obtaining Warner Bros. Discovery just yet. The company has amended its $108 billion offer to include Larry Ellison's "irrevocable personal guarantee" equaling $40 ...
Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery on Monday. The amended bid seeks to address a number of ...
David Ellison submitted his revised tender offering, backed by his father Larry Ellison, Monday morning. By Alex Weprin Senior Editor Warner Bros. Discovery‘s board of directors says that it will ...
Paramount Skydance won’t take no for an answer, as it improved its offer Monday to buy Warner Bros. Discovery, not by raising the price per share it will pay, but by addressing concerns over financing ...
Following CBS News’ delaying of a "60 Minutes" segment examining the Trump administration’s deportation of Venezuelan migrants to El Salvador’s CECOT prison, some media outlets have raised questions ...
Oracle tech billionaire Larry Ellison and son David Ellison, CEO of Paramount, still have their eyes on Warner Bros. Discovery. (Getty Images/Chris Smith for TheWrap) Paramount is saying all the right ...
The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21. By Alex Weprin Senior Editor David Ellison’s Paramount has sent ...
[UPDATE, 6:40 p.m. ET: Warner Bros. Discovery’s board of directors issued a statement virtually identical to its Dec. 8 one, when it responded to Paramount Skydance’s previous tender offer. The ...
Analysis: Hard-charging news chief keeps running into walls instead of breaking down silos, all as parent corporation tries to show its media-industry mettle. CBS News is increasingly looking like ...
Paramount Skydance's (PSKY) $30 per share bid for Warner Bros. Discovery (WBD), which now includes a personal equity financing guarantee of $40.4B from Larry Ellison, is still not good enough for ...
What To Know: Paramount Skydance Corp (NASDAQ: PSKY) amended its all-cash offer for Warner Bros. Discovery to $30 per share, reaffirming its intent to acquire 100% of the company and assume all assets ...