Paramount Skydance

• Paramount launches hostile bid for Warner Bros. Discovery - Paramount said Monday it is making a bid to acquire Warner Bros. Discovery, swooping in just days after Netflix announced a $83 billion deal to purchase a large part of the media giant.Warner Bros. Discovery shareholders would be offered $3
• Netflix’s Biggest Wall Street Backer Downgrades It on Fear That Warner Deal Exposes Weakness to YouTube and TikTok Threat - Downgrading his rating on Netflix shares from "buy" to "hold," Pivotal Research Group analyst Jeff Wlodarczak says the megadeal reflects its concern that short-form is "is doing to streaming what streaming has done to traditional TV."
• READ: Paramount Accuses Warner Bros of Rigging Sale Process for Netflix in Scathing Letter - Paramount warned the media giant that it appeared to have “abandoned the semblance" of a "fair" bidding process in pursuit of a predetermined outcome.