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Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant

April 24, 2026 2:04 pm

HBO Max, cult-favorite titles like Harry Potter and even CNN could soon find themselves under the same roof with CBS, Top Gun and the Paramount+ streaming service.

This comes after Netflix pulled out of the bidding race for Warner Bros. Discovery, clearing the way for Paramount Skydance to secure the deal.(File Photo)

Paramount+ and HBO Max to merge after $110 billion WBD deal

March 05, 2026 9:01 am

Single platform to house Harry Potter, Game of Thrones, Top Gun and more under one roof.

Netflix walks away from Warner Bros deal, clearing the path for Paramount

February 27, 2026 9:34 am

Netflix withdrew its bid for Warner Bros. after Paramount offered a higher $31-per-share deal to acquire the entire company. Paramount’s proposed takeover would merge two major Hollywood studios, combining vast entertainment libraries and major news networks under one corporate umbrella.

Paramount's current offer for the whole company comes to $108.4 billion, while Netflix is offering $27.75 a share, or $82.7 billion, just for its studio and streaming businesses.(Photo: Reuters)

Warner Bros rejects revised Paramount bid, but remains open to a final offer

February 18, 2026 9:23 am

Boardroom battle heats up as Paramount pushes higher offer to derail Netflix merger.

Paramount CEO David Ellison promises 'no monopoly' amid bid for Warner Bros; Donald Trump vows to stay out of deal

February 05, 2026 6:56 pm

Paramount is currently in a bidding war with Netflix, as both are trying to acquire Warner Bros. Discovery and their vast library of content.

Netflix CEO Ted Sarandos visits Warner Bros studio after Paramount's $108 billion 'hostile' takeover deal's rejected

December 18, 2025 12:56 pm

After Paramount offered a counter deal to take over Warner Bros, the studio decided to reject the offer and inform their shareholders of the reasons behind it.

Warner Bros rejects Paramount's $108 billion hostile bid

December 17, 2025 7:12 pm

Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favoured by the board of Warner Bros.

‘Far worse things can happen’: Donald Trump hits out at Paramount for CBS's 60 Minutes Marjorie Taylor Greene interview, demands apology

December 08, 2025 10:25 pm

FCC approved the Paramount Global-Skydance Media merger in July 2025, shortly after Paramount settled a defamation lawsuit with Donald Trump for $16 million.

South Park creators troll President Donald Trump with mock apology after White House backlash: 'We're terribly sorry'

July 25, 2025 7:16 pm

The opening episode of South Park Season 27 made headlines for depicting Donald Trump naked in bed with Satan, prompting a sharp response from the White House.

The Paramount-Skydance deal will put well-known entertainment properties including the CBS broadcast television network, Paramount Pictures, and the Nickelodeon cable channel under the ownership of tech scion David Ellison.

US clears way for $8 billion Paramount-Skydance merger

July 25, 2025 7:44 am

Paramount this month paid $16 million in a controversial move to settle a lawsuit Trump filed against the company and CBS News, sparking accusations it effectively had paid for approval of the merger.