Paramount is bypassing Warner Bros. Discovery’s leadership and going straight to shareholders in a hostile bid to buy the company. NBC News’ Chloe Melas reports on the latest move from Paramount CEO David Ellison.
Category Archives: business
Trump announces $12 billion in aid to farmers
President Donald Trump announced a $12 billion aid package for American farmers Monday
Paramount launches hostile bid for Warner Bros. Discovery despite Netflix deal
Paramount is launching a hostile bid to acquire Warner Bros.
Trump says Netflix-Warner Bros. deal could be a ‘problem’ and he will be involved in approval
President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros.
Sydney Sweeney addresses American Eagle ad, says she’s ‘against hate’
After months of silence followed by an uncomfortable interview with GQ magazine, actor Sydney Sweeney has finally addressed her controversial American Eagle advertisement head-on
For small businesses hit by soaring costs, layoffs are painful and personal
American small businesses are trimming their payrolls just as the busy holiday shopping season ramps up.
Vanity Fair and journalist Olivia Nuzzi part ways
Vanity Fair said it’s parting ways with journalist Olivia Nuzzi, whose relationship with Robert F. Kennedy Jr.
The Fed’s favorite inflation indicator hit 2.8% in September
The Federal Reserve’s preferred measure of inflation, called the PCE index, showed that inflation had risen 2.8% in September from a year ago.
In a takeover of Warner Bros., Netflix makes a play for 21st century Hollywood’s throne
Hollywood is in a brave new world
Netflix to buy Warner Bros. and HBO Max for $83 billion in blockbuster Hollywood deal
In a watershed move, Warner Bros. Discovery said Friday it has agreed to sell its movie, television and streaming assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern Hollywood history