#paramountcbs-settlement--merger
#paramountcbs-settlement--merger
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#netflix
fromExchangewire
4 days agoMedia industry
Digest: Netflix Refocuses on Ads and Content After Warner Bid; IAB Sets AI Commerce Media Guidelines; WPP in Talks to Sell Burson
Netflix is shifting focus to ads and content after abandoning the Warner Bros. deal, while IAB introduces guidelines for AI-driven commerce media.
Media industry
fromExchangewire
4 days agoDigest: Netflix Refocuses on Ads and Content After Warner Bid; IAB Sets AI Commerce Media Guidelines; WPP in Talks to Sell Burson
Netflix is shifting focus to ads and content after abandoning the Warner Bros. deal, while IAB introduces guidelines for AI-driven commerce media.
fromFast Company
4 days agoIBM just settled a major anti-DEI case for $17 million
Racial discrimination is illegal, and government contractors cannot evade the law by repackaging it as DEI. The Department launched the Civil Rights Fraud Initiative to root out this misconduct, hold offenders accountable, and end this practice for good.
Social justice
fromwww.theguardian.com
1 month agoDeparting CBS News producer claims political bias as Paramount poised to buy Warner Bros
We've been told to aim our reporting at a particular part of the political spectrum. Honestly, I don't know how to do that. The memo comes a day after CBS News owner Paramount Skydance emerged as the likely victor in a takeover fight for Warner Bros Discovery, owner of CNN. CBS is now headed by Bari Weiss, a conservative commentator turned media entrepreneur, whose appointment was seen as a fillip to the Trump administration.
US politics
fromArs Technica
1 month agoFCC chair calls Paramount/WBD merger "a lot cleaner" than defunct Netflix deal
Paramount said that it lined up "an aggregate $24 billion commitment from three sovereign wealth funds" from Gulf countries, specifically Saudi Arabia, Abu Dhabi, and Qatar. Paramount said at the time that the sovereign wealth funds "agreed to forgo all governance rights (including board representation)."
Venture
#streaming-merger
Media industry
fromConsequence
1 month agoHBO Max and Paramount+ to Be Merged Into Single Streaming Service
Paramount will merge HBO Max and Paramount+ into a single streaming service following its acquisition of Warner Bros. Discovery, combining over 200 million subscribers while maintaining HBO's independent operations.
fromABC7 Los Angeles
2 months agoWarner Bros reopens takeover talks with Paramount after receiving a waiver from Netflix
"While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics," Netflix said in a statement. "Accordingly, we granted WBD a narrow seven-day waiver of certain obligations under our merger agreement to allow them to engage with PSKY to fully and finally resolve this matter."
Film
#media-mergers-and-acquisitions
Media industry
fromwww.npr.org
1 month agoWhat happens to CNN if Paramount buys Warner Bros. Discovery?
Paramount's $111 billion acquisition of Warner Bros. Discovery, which includes CNN, raises concerns among journalists about potential job cuts and editorial independence amid regulatory review and political pressure.
fromArs Technica
2 months agoNetflix to pay all cash for Warner Bros. to fend off Paramount hostile takeover
To sweeten the offer for shareholders, Netflix and Warner Bros. today announced that Netflix will pay all cash instead. If successful, Netflix's purchase will include HBO Max, WB Studios, and other assets. The price is unchanged at $27.75 per share, and Warner Bros. is targeting an April 2026 shareholder vote. The original plan was for Netflix to buy each Warner Bros. share with $23.25 in cash and $4.50 in Netflix stock.
Business
Media industry
fromenglish.elpais.com
1 month agoParamount wins the battle for Warner Bros after Netflix declines to match the bid
Netflix declined to match Paramount Skydance's superior bid for Warner Bros Discovery studios, citing that the deal was no longer financially attractive at the required price.
Media industry
fromFortune
1 month agoWarner Bros. officially deems Paramount's bid 'superior' to Netflix's | Fortune
Warner Bros. Discovery declared Paramount Skydance's $111 billion takeover bid superior to Netflix's $83 billion deal, triggering a four-day window for Netflix to match or raise its offer.
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