Read the memo Warner Bros. Discovery sent employees after Netflix won the bidding war for its key assets
Netflix agreed to buy Warner Bros. in a media mega-merger that could upend Hollywood. Read the memo WBD sent staffers.
It’s official: Netflix signs the purchase of Warner Bros. for $72 billion and prepares to build a mega-catalog
Netflix is the leading candidate to buy Warner Bros. Discovery after winning a fierce bidding war, potentially changing Hollywood forever.
NBC Washington
Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring
Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation. Shares of WBD were up roughly 15% in early trading Thursday. The company's new ...
Paramount Skydance Ups Breakup Fee to $5 Billion as Competition to Acquire Warner Bros Discovery Heats Up
Paramount Skydance has sharply increased the breakup fee in its proposed offer to acquire Warner Bros Discovery, lifting the amount from $2.1 billion to $5 billion, according to a Bloomberg News report citing individuals familiar with the negotiations.
Business Day
DStv may drop 11 major TV channels by December 31 as MultiChoice–Warner Bros. deal stalls
MultiChoice Group says 11 television channels could be removed from the DStv platform by December 31 following the possible expiration of its distribution deal with Warner Bros. Discovery.
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