Media Merger
David Ellison Leads Paramount Skydance’s High-Stakes Hostile Bid for Warner Bros. Discovery
David Ellison, CEO of Paramount Skydance, has launched a bold, hostile bid for Warner Bros. Discovery, aiming to outmaneuver Netflix and reshape the entertainment industry landscape.
Paramount Eyes Warner Bros. Discovery: The Bid That Could Reshape Hollywood
Paramount’s pursuit of Warner Bros. Discovery could trigger one of the largest media shakeups in recent history, merging legendary studios, streaming giants, and sports rights under a single corporate roof.
Warner Bros. Discovery Stock Surges Amid Paramount Skydance Bid
Warner Bros. Discovery shares soared 36% following reports of a potential acquisition bid by Paramount Skydance, led by David Ellison and backed by Oracle billionaire Larry Ellison.
Nexstar’s $6.2 Billion Acquisition of Tegna Signals a New Era in Local TV
Nexstar Media Group has announced a $6.2 billion deal to acquire Tegna, consolidating two of the largest players in U.S. local broadcasting. The merger reflects significant shifts in the broadcast industry amidst deregulation and the rise of streaming platforms.