Warner Bros. Discovery Rejects Paramount $30/Share Acquisition Offer, Calling It ‘Inferior’ to Netflix Deal and Alleging Ellisons Aren’t Providing ‘Full Backstop’ for ...

Warner Bros. Discovery rejected the $30/share takeover bid from David Ellison's Paramount Skydance, with WBD unanimously backing the deal with Netflix.

Standard General holds talks over Warner Bros. Discovery cable TV assets – FT

The Standard General hedge fund co-founder Soo Kim has held talks over buying into Warner Bros. Discovery (WBD)’s TV networks, according to the Financial Times. Citing people briefed on the matter, the article reported that Kim had been approached by “at least one” WBD shareholder about acquiring some or all of the cable TV assets,

Warner Bros. Elevates Alon Orstein, Joseph Boyle to TLC, Discovery Channel Content Heads

Warner Bros. Discovery’s U.S. Networks division has promoted Discovery Channel’s Joseph Boyle and TLC’s Alon Orstein to the networks’ heads of content. The pair previously served as the respective networks’ senior vice presidents of production and development.

Senators demand AG Pam Bondi recuse herself from Warner Bros. antitrust review

Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid. Two senators are now coming forward and pressing Attorney General Pam Bondi to recuse herself from the review of the deal.
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