Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. is expected to feature an unusual combination of investment-grade and junk-rated debt, as Wall Street banks turn to as many markets as possible to raise $57.5 billion of debt for the acquisition.
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.
During his Thursday night newscast, CNN anchor Jake Tapper found himself in an awkward position: reporting on the sale of his employer, Warner Bros. Discovery Inc., to Paramount Skydance Corp.
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., during the Bloomberg Screentime event in Los Angeles, California, US, on Thursday, Oct. 9, 2025. Screentime gathers the moguls, celebrities, and entrepreneurs defining the next phase of pop culture to discuss and debate the future of Hollywood studios, the boom in sports and live music and the impact of AI on the creative industries.
During his Thursday night newscast, CNN anchor Jake Tapper found himself in an awkward position: reporting on the sale of his employer, Warner Bros. Discovery Inc., to Paramount Skydance Corp.
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., during the Bloomberg Screentime event in Los Angeles, California, US, on Thursday, Oct. 9, 2025. Screentime gathers the moguls, celebrities, and entrepreneurs defining the next phase of pop culture to discuss and debate the future of Hollywood studios, the boom in sports and live music and the impact of AI on the creative industries.
Paramount Skydance Corp.’s $111 billion bid for Warner Bros. Discovery Inc. will strain its credit rating, an S&P Global Ratings analyst said, even if the combined company could ultimately cut its debt levels over time.
Honey and cinnamon bring a warming, Istanbul-inspired spin to a classic
The scent of honey and warm pastry that spills out of the late-night baklava shops on Taksim Square in Istanbul is the inspiration for this twist on the classic old fashioned. The honey, cinnamon and walnut slip in perfectly without overpowering proceedings.
Netflix Inc. dropped out of the fight to buy Warner Bros. Discovery Inc., saying that while it believed its deal would have passed muster with regulators and created shareholder value, it didn’t want to keep bidding. The move clears the way for rival bidder Paramount Skydance Corp. to clinch its $111 billion deal for the historic Hollywood studio. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
Bahnkunden können sich freuen: Während die Gewerkschaft GDL sonst tagelang den Zugverkehr lahmlegte, vereinbart sie diesmal ohne einen einzigen Streiktag mehr Gehalt. Wie es dazu kam und wie die Einigung aussieht.
Paramount Skydance Corp.’s winning $111 billion bid for Warner Bros. Discovery Inc. is a coup for the half-dozen advisory firms that helped technology heir David Ellison top Netflix Inc.
Paramount Skydance Corp. finally clinched its deal for Warner Bros. Discovery Inc., outmaneuvering its rival Netflix Inc. after a months-long battle by agreeing to pay $111 billion for the legendary Hollywood studio.
Netflix headquarters in Los Angeles. Photographer: Ethan Swope/Bloomberg
Warner Bros. Discovery Inc. said a new $31-a-share buyout offer from Paramount Skydance Corp. could lead to a better deal than its existing agreement with Netflix Inc., kicking off another potential round of bidding for the famed Hollywood studio. Warner Bros. isn’t withdrawing its recommendation that investors support Netflix’s $27.75-a-share agreement to buy the company’s studio and HBO operations, according to a statement Tuesday. Instead, it’s saying the latest Paramount terms meet the threshold for further talks. Robert Fishman, Senior Research Analyst with MoffettNathanson, details latest twists and turns in the battle of media giants ahead of Paramount's latest earnings. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)
Warner Bros Discovery Inc. has agreed to reopen negotiations with rival Hollywood studio Paramount Skydance Corp. after the suitor proposed raising its bid and sweetened other terms of its offer, setting the stage for a renewed showdown with Netflix Inc.
Netflix, which Warner Bros. still described as its preferred bidder, has granted the board seven days to discuss Paramount’s most recent proposal, according to a statement Tuesday. The decision came after a Paramount banker told a Warner Bros. board member that Paramount would offer at least $31 a share, or $1 a share higher than its previous offer, if the company agreed to reopen talks. Warner Bros. now wants to see that, and other aspects of Paramount’s new bid, in writing. Bloomberg's Stephen Flynn joins to discuss on Bloomberg Intelligence. (Source: Bloomberg)
Warner Bros Discovery Inc. is considering reopening sale talks with Paramount Skydance Corp. after receiving its amended offer, people with knowledge of the matter said. Bloomberg's Tony Czuczka reports on the latest. (Source: Bloomberg)
Warner Bros Discovery Inc. is considering reopening sale talks with rival Hollywood studio Paramount Skydance Corp. after receiving its hostile suitor’s most recent amended offer, people with knowledge of the matter said.
Warner Bros. Studios in Burbank, California, US, on Wednesday, Jan. 21, 2026. Netflix Inc. shares tumbled Wednesday after the company issued 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.
The latest tranche of files expose how he was viewed as a sexual svengali – and an expert on dodging the #MeToo movement
A new tranche of Epstein files has blasted its way through the worlds of media, politics, tech, academia, finance and Hollywood. High-profile individuals have once again been forced to explain their relationship with the billionaire financier – and why exactly they sent that email, or what they were doing in that photo, in that place, at that time. There have been resignations in Norway, Slovakia, France, the UK and on Wall Street. Each individual scandal matters. But take the files as a whole and a new picture forms: of Jeffrey Epstein as a man who was seen to survive a sexual abuse scandal, and who was then feted as a sexual svengali and a valuable ally in navigating allegations of sexual abuse amid the #MeToo movement.
The 3.5m documents that have thus far been released to the public – out of a reported 6m documents pertaining to Epstein in the US justice department’s possession – paint Epstein as someone for whom elites, and particularly elite men, often felt a sense of camaraderie and affection, maintaining intimate and friendly relationships long after his 2008 conviction on child sexual abuse charges. And theircontent implies that, in some cases, this was not simply a case of them turning a blind eye to their friend’s sexual crimes: the powerful actively approached Epstein for sexual and romantic advice, and saw him as a thrower of “wild” parties and a listening ear in whom they could confide their anxieties about the excesses of the #MeToo movement.
Moira Donegan is a Guardian US columnist
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Valeria Chomsky says Epstein had deceived them and they were ‘careless’ not to thoroughly research his background
Noam Chomsky and his wife, Valeria, made a “grave mistake” and were “careless” not to thoroughly research the background of Jeffrey Epstein, Valeria Chomsky said in a lengthy statement on Saturday, adding also that Epstein had deceived them.
The relationship between Noam Chomsky, the 97-year-old linguist and philosopher, and Epstein has been under scrutiny after documents released by the justice department shed light on their friendship. As Epstein came under scrutiny for sex trafficking allegations in 2019, he asked Chomsky for advice on how to respond. “I’ve watched the horrible way you are being treated in the press and public. It’s painful to say, but I think the best way to proceed is to ignore it,” Chomsky wrote in a message signed “Noam” that Epstein shared in email with an associate.
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