Sony Music Group and Singapore’s GIC Pte sovereign wealth fund are forming a joint venture to acquire music copyrights, with plans to invest $2 billion to $3 billion in the project.
Paramount needs to raise its offer to reclaim the initiative
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., center, outside the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Paramount Skydance Corp. has lined up as much as $54 billion of financing from Wall Street’s biggest firms to help support its planned acquisition of Warner Bros. Discovery Inc., just days after the company agreed to a deal with Netflix Inc. Photographer: Michael Nagle/Bloomberg
Netflix Inc. shares tumbled Wednesday after giving a disappointing forecast for earnings in the months ahead as it spends more on programming and works to close its $82.7 billion deal with Warner Bros. Discovery Inc.
A Netflix building in Los Angeles. Photographer: Kyle Grillot/Bloomberg
Netflix Inc. reached an amended, all-cash agreement to buy Warner Bros. Discovery Inc.’s studio and streaming business as it battles Paramount Skydance Corp. to acquire one of Hollywood’s most iconic entertainment companies.
The Warner Bros. studios in Burbank, California, US.
Peter Chernin is in talks to sell his independent production company
Peter Chernin, chairman and chief executive officer of the Chernin Group LLC, speaks during a session at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 23, 2023. The third Qatar Economic Forum will shine a light on the rising south-to-south economy and the new growth opportunities it presents to the global business community. Photographer: Christopher Pike/Bloomberg
Netflix’s embrace of podcasting is a major moment for the service -- and a bigger one for the podcast industry
Bill Simmons, founder and chief executive officer of the Ringer, during the Bloomberg Screentime event in Los Angeles, California, US, on Thursday, Oct. 12, 2023. The event gathers moguls, celebrities, and entrepreneurs to discuss the future of cinema, the boom in streaming audio and video, the latest sports and gaming experiences, and the potential impact of artificial intelligence. Photographer: Kyle Grillot/Bloomberg
Warner Bros. Discovery Inc. rejected an amended takeover offer from Paramount Skydance Corp. and encouraged shareholders to stick with a deal it has in place with Netflix Inc., voicing skepticism about the interloper’s ability to pull off what it said would effectively be the largest leveraged buyout in history.
Larry Ellison Photographer: Aaron Schwartz/Sipa/Bloomberg
We analyzed several years of data to assess how our streaming habits have changed
Neal Mohan, chief executive officer of YouTube Inc., left, arrives for the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 9, 2025. The annual event has been a historic breeding ground for media deals and is usually a forum for tech and media elites to discuss the future of their industry. Photographer: David Paul Morris/Bloomberg
We asked more than 700 industry experts to name the best streaming service, worst CEO and next big movie star.
Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026. Photographer: Ethan Swope/Bloomberg
Jared Kushner’s Affinity Partners is exiting the takeover battle for Warner Bros. Discovery Inc. in a political and financial blow to a foundering hostile takeover bid for the fabled studio.
Jared Kushner’s Affinity Partners is exiting the takeover battle for Warner Bros. Discovery Inc. in a political and financial blow to a foundering hostile takeover bid for the fabled studio.
Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said.
Warner Bros. Studios in Burbank, California. Photographer: Ethan Swope/Bloomberg
Donald Trump doesn’t decide who gets to buy Warner Bros. -- yet
Ted Sarandos, president and co-chief executive office of Netflix Inc., walks to lunch during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 9, 2025. The annual event has been a historic breeding ground for media deals and is usually a forum for tech and media elites to discuss the future of their industry. Photographer: David Paul Morris/Bloomberg
Ted Sarandos wooed Trump personally ahead of Warner deal
Warner Bros. Studios in Burbank, California, US, on Friday, Dec. 5, 2025. Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned $72 billion acquisition of Warner Bros. Discovery Inc., which would make it one of the largest ever loans of its kind. Photographer: Ethan Swope/Bloomberg
Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump. Over more than an hour, the two discussed a range of topics, including the auction of Warner Bros. Discovery Inc., according to people familiar with the interaction.
Netflix Inc. agreed to buy Warner Bros. Discovery Inc., marking a seismic shift in the entertainment business as a Silicon Valley-bred streaming giant tries to swallow one of Hollywood’s oldest and most revered studios.
The Netflix Vine Studios building in Los Angeles, California, US, on Thursday, Oct. 3, 2024. Netflix Inc. is scheduled to release earnings figures on October 17.
Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions.
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