COGNICURRENT

Netflix has canceled its £80 billion bid to acquire Warner Bros Discovery, allowing Paramount Skydance to advance with their competing offer.

Warner Bros. Discovery's acquisition race sees Paramount Skydance in the lead as Netflix opts out of further bidding.

Netflix has decided against acquiring Warner Bros. Discovery, resulting in a stock price surge for the latter as Paramount Skydance gains an edge in a significant market move.

Netflix has withdrawn from its bid to acquire Warner Bros. Discovery, likely paving the way for its sale to Paramount Skydance, which could impact the ownership of TVN and its channels.

Netflix has decided not to increase its acquisition offer for Warner Bros. Discovery, effectively ending its competition with Paramount Skydance for the takeover.

Netflix has withdrawn its offer to acquire Warner Bros Discovery, allowing Paramount Skydance to take the lead in the acquisition battle.

Netflix has decided not to pursue its plan to acquire Warner Bros. Discovery due to financial unappeal, opting to compete with Paramount Skydance's bid.

Netflix has announced it will not increase its offer for Warner Bros. Discovery shares, effectively withdrawing from the bidding war for ownership of TVN.

Paramount Skydance has successfully outbid Netflix to acquire Warner Bros. Discovery after Netflix announced it would not compete with the improved offer.

Netflix has withdrawn its bid to acquire Warner Bros., allowing Paramount Skydance to finalize its own substantial deal for the company.

Netflix has decided not to increase its bid for Warner Bros Discovery, stating that the deal is no longer financially attractive compared to Paramount Skydance's offer.

Netflix has withdrawn from the bidding to acquire Warner Bros, allowing rival bidder Paramount Skydance to close its $111 billion deal for the historic Hollywood studio.

Paramount Skydance is on the verge of acquiring Warner Bros Discovery after Netflix announced it would not match Paramount's improved offer.

Netflix has decided not to pursue a new bid for Warner Bros due to the deal no longer being financially attractive.

Warner Bros. has declared that a new offer from Paramount Skydance is more favorable for shareholders than its previous agreement with Netflix, giving Netflix four business days to match or exceed Paramount's bid.

Warner Bros. Discovery is considering a new acquisition proposal from Paramount Skydance, which could alter its existing deal with Netflix.

Warner Bros. Discovery is considering a revised acquisition offer from Paramount Skydance, raising the per-share price to $31.

Paramount Skydance has raised its bid for Warner Bros Discovery to $31 per share, intensifying the bidding competition for the Hollywood giant.

Warner Bros. Discovery is evaluating a new proposal from Paramount Skydance amidst ongoing negotiations.

Warner Bros. Discovery is evaluating a new acquisition offer from Paramount Skydance that may exceed their current agreement with Netflix.

Warner Bros has received a new acquisition proposal from Paramount Skydance, while maintaining its existing merger agreement with Netflix.

Warner Bros Discovery is evaluating a new offer from Paramount Skydance as CBS's owner attempts to prevent Netflix from acquiring the sought-after Hollywood studio.

Paramount Skydance has submitted its best and final offer for Warner Bros Discovery, intensifying a high-stakes takeover bid in the media industry.

Paramount Skydance has cleared a significant regulatory hurdle regarding its acquisition offer for Warner Bros. Discovery.

Warner Bros Discovery has re-engaged in negotiations with Paramount Skydance, giving them seven days to improve their acquisition offer.

Warner Bros. Discovery has rejected Paramount Skydance's latest hostile takeover bid but has given them a week to present a better offer.

Warner Bros Discovery has reopened negotiations with Paramount Skydance, demanding a final offer to surpass its existing agreement with Netflix.

Warner Bros. Discovery has given Paramount Skydance a one-week deadline to present its best and final offer for acquiring the company, facilitated by a temporary waiver from Netflix.

Warner Bros. Discovery has rejected Paramount Skydance's latest acquisition bid of $30 per share but has given the studio seven days to propose a better deal.

Warner Bros. Discovery is reportedly reconsidering Paramount Skydance's acquisition offer, after earlier favoring Netflix.

Warner Bros. Discovery is considering reopening negotiations with Paramount Skydance due to a new amended offer from its hostile suitor, which could lead to renewed competition with Netflix.

Warner Bros Discovery is considering reopening negotiations with Paramount Skydance, who are pursuing a $108.4 billion takeover while trying to disrupt an existing agreement WBD has with Netflix.

Warner Bros. Discovery is considering resuming negotiations for a sale with rival Paramount Skydance after receiving a new hostile proposal, according to Bloomberg News.

CBS News is contemplating job cuts affecting up to 15% of its workforce as part of a strategy to focus on video streaming and increase viewership.

Ancora Holding, an investment firm, is rallying shareholders of Warner Bros. Discovery to reject Netflix's offer in favor of Paramount Skydance's proposal.

Ancora Holdings intends to oppose Warner Bros.' sale agreement with Netflix, preferring a deal with Paramount Skydance instead.

Paramount Skydance has enhanced its hostile bid for Warner Bros Discovery by introducing a quarterly compensation payment to shareholders worth $0.25 per share for any delay beyond December 31, 2026.

Paramount Skydance has intensified its bid for Warner Bros. Discovery by offering enhanced financial guarantees to its shareholders, aiming to undermine the existing deal with Netflix.

Paramount Skydance has increased its offer to acquire Warner Bros. Discovery amid its ongoing negotiations with Netflix.

Paramount Skydance has enhanced its bid to acquire Warner Bros. Discovery in an effort to sway shareholders away from supporting a competing offer from Netflix.

Paramount Skydance has increased its offer for Warner Bros. Discovery by providing additional cash for every quarter that the deal does not finalize after this year and agreed to cover any compensation owed by HBO's parent company to Netflix if the agreement is terminated.

Paramount Skydance has increased its offer for Warner Bros Discovery and is offering cash for each quarter the deal remains incomplete, as well as covering cancellation fees owed to Netflix.

Paramount Skydance continues its efforts to acquire the owner of TVN by placing paid advertisements in European press featuring a letter from CEO David Ellison to potential interested parties.

Warner Bros. Discovery is once again up for sale, with Netflix and Paramount Skydance as the remaining contenders, while Donald Trump suggests that the acquiring entity should also purchase CNN as part of a larger deal.

Netflix is reportedly planning to switch to an all-cash offer for its acquisition of Warner Bros Discovery in response to a competing bid from Paramount Skydance.

Paramount Skydance has sued Warner Bros Discovery for more information about its competitive $82.7 billion deal with Netflix and plans to nominate directors to the Warner Bros board to convince investors that its $108.7 billion cash offer is superior.

Paramount Skydance has filed a lawsuit against Warner Bros Discovery for allegedly failing to provide shareholders with necessary information for comparing its acquisition offer with that of Netflix.

Paramount Skydance is advancing its hostile takeover bid for Warner Bros Discovery by demanding an explanation from Warner's executives regarding their preference for Netflix's offer, as it seeks to appoint its own advisors for the upcoming shareholders' meeting.

Paramount Skydance plans to nominate directors to Warner Bros Discovery’s board in an effort to oppose the approval of its $82.7 billion deal with Netflix, also seeking financial disclosures related to the agreement.

Warner Brothers Discovery has turned down Paramount Skydance's latest takeover bid, citing it as inferior to a competing offer from Netflix.