Netflix has finally commenced closing the deal with Warner Bros. Discovery Inc., winning the bid to acquire the film and TV studios and HBO Max streaming service, which includes the rights to Snyderverse films. Since the time James Gunn took over as the DC Studios co-CEO, a section of fans has rallied to restore the…
Some new updates have emerged regarding what the future of the DCU may look like if Paramount winds up merging with Warner Bros. Discovery. Paramount Skydance is one of several companies who is interested in acquiring Warner Bros. Discovery. Any potential deal is far from being made official at this point in time; however, Paramount’s…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On Tuesday, Sen. Elizabeth Warren (D-Mass.) raised concerns about media consolidation, pointing to David Ellison’s ties to President Donald Trump as he seeks control of Warner Bros. Discovery, Inc. (NASDAQ:WBD). In a post on X, formerly Twitter, Warren…
The U.S. stock market is holding near its record heights on Tuesday as the floodgates open for companies reporting how much profit they made during the summer. The S&P 500 was essentially unchanged in early trading and is sitting just 0.2% below its all-time high set earlier this month. The Dow Jones Industrial Average was…
News that Paramount is exploring a bid for all of Warner Bros. Discovery, just weeks after closing its acquisition of Skydance, has bent a few brains from Wall Street to Hollywood despite recent speculation that something was in motion. As the industry and investors take stock of the entertainment colossus that could be created, however,…
Warner Bros. Discovery (WBD) shareholders finally have a growth stock on their hands — for today, anyway. Amid a Wall Street Journal report that Paramount Skydance is preparing a mostly cash bid for Warner Bros. Discovery, shares in WBD have jumped nearly 36 percent. The bid is said to be backed by the Ellison family….