Free Republic

There were several reasons why streaming giant Netflix pulled out of the bidding war for Warner Bros. Discovery. You might want to add Susan Rice to the list. The former Obama national security adviser, UN ambassador, partisan Democrat and currently a Netflix board member made a splash last week, and not in a good way. Just as the Trump administration’s Department of Justice was weighing the antitrust merits of the deal, former Obama national security adviser, UN ambassador, partisan Democrat and currently Netflix board member Rice appeared last week on a podcast hosted by Preet Bharara, former US Attorney for...

Paramount/Warner Bros is not a done deal. These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open investigation, and we intend to be vigorous in our review.

Paramount Skydance (PSKY) emerged as the likely winner in a m, after streaming giant Netflix (NFLX), on Thursday refused to raise its bid for the storied Hollywood studio. "We've always been disciplined, and at the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid," Netflix said in a statement. Netflix confirmed to Reuters that it was walking away from bidding for Warner Bros Discovery. The Warner Bros board still has to terminate the Netflix deal and adopt Paramount Skydance's offer. "Once our board votes...

MAGA-aligned billionaires Larry Ellison and his son David have dramatically won a bidding war for CNN’s parent company—and are now on track to turn it Trumpy. Their Paramount Skydance company suddenly has won its bidding war against Netflix to acquire Warner Bros. Discovery after upping its bad and the younger Ellison attending Donald Trump’s State of the Union address. The move comes two days after Paramount Skydance revised its offer for the media conglomerate which also owns HBO, and is Hollywood’s biggest movie make, from $30 per share to $31 per share. Once the deal goes through CNN is widely...

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over the fellow storied Hollywood giant. On Thursday, after Warner’s board announced that Skydance-owned Paramount’s offer was superior to the agreement it had previously struck with Netflix, the streaming giant said the new price that would be required to buy Warner would make it a deal that is “no longer financially attractive.” Unlike Netflix’s bid, Paramount wants all of Warner’s operations, including networks like CNN and Discovery. That would put CNN...

The statement came after Warner Bros. Discovery's board of directors described Paramount Skydance's latest offer to acquire the company as "superior" to Netflix's current bid. Netflix said it would not submit a higher offer for Warner Bros. Discovery after the company's board described Paramount Skydance's latest offer as "superior." The stunning twist leaves Paramount Skydance, headed by David Ellison, as the remaining bidder and in position to take control of the storied media giant. Paramount's bid was for the entire company while Netflix was seeking to acquire only its streaming service, HBO cable channel and film studio business.

Paramount Skydance says it would pay a $2.8 billion termination fee Warner would have to pay if it breaks off the deal with Netflix. Lucas Shaw reports. Paramount Sweetens Its Hostile Bid for Warner Bros. | 4:16 Bloomberg Technology | 716K subscribers | 6,349 views | February 10, 2026

We’ve reported extensively on the shenanigans at CBS News, the network that was forced to fork over $16 million in July to settle Trump’s lawsuit concerning their deceptive editing of a Kamala Harris interview a month before the 2024 presidential election. Much drama ensued at the outlet as veteran diehards continued to insist that resisting Trump and spewing anti-American rhetoric was part of their job description. Give credit, however, to David Ellison, Chairman and CEO of Paramount (Skydance Corporation), who brought on independent journalist, former NY Times opinion editor, and nowadays free thinker Bari Weiss to oversee the hopelessly biased...

In another big and bold move from the new Paramount regime following the Skydance merger, the studio is in final negotiations to board Ebenezer: A Christmas Carol, with Johnny Depp set to star and Ti West on board to direct. Andrea Riseborough has also signed on, with the studio dating the film for November 13, 2026. Nathaniel Halpern penned the script with Emma Watts producing. The classic Charles Dickens story has seen its fair share of retellings over the years with its tale of an elderly miser visited by the ghost of his former business partner and the spirits of...

Key Points Warner Bros. Discovery said it is open to a sale as it expands its strategic review. The company had planned to split into two separate entities and is not abandoning those plans. WBD said it’s received “unsolicited interest” from multiple parties. =============================================================== Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding takeout...

Paramount Skydance is poised to name Bari Weiss as editor in chief of CBS News in the coming days — giving the hard-charging journalist unusual clout to revamp the struggling network as it also acquires her scrappy news site the Free Press, The Post has learned. Weiss — a 41-year-old former New York Times opinion writer who has built the Free Press into a buzzworthy site with a contrarian bent — is expected to be named to the top post in a Monday announcement, although the talks are in flux and the timing could change, a source close to the...