Paramount will acquire Warner Bros. after fiery Netflix battle |
Paramount will acquire Warner Bros. after fiery Netflix battle
Happy Thursday. Did you miss the first drop of Olympic tickets? Well, the lottery just opened for the second ticket drop! Does anyone have any tips for how to get womenâs gymnastics tickets? đ¤
Warner Bros. Discovery votes to sell to Paramount
Warner Bros. Discovery votes to sell to Paramount
Trump orders Navy to âshoot and killâ mine-laying boats
Trump orders Navy to âshoot and killâ mine-laying boats
Senate gets DHS funding rolling
Senate gets DHS funding rolling
NYT: FBI investigated writer who reported on Patelâs girlfriend
NYT: FBI investigated writer who reported on Patelâs girlfriend
First-ever NYT unsolvable crossword published
First-ever NYT unsolvable crossword published
Warner Bros. Discovery board approves Paramount sale
The Warner Bros. Discovery board just voted to sell its entire company to Paramount Skydance, ending a monthslong battle with Netflix.
Remember: Netflix withdrew its bid in February after declining to raise its offer to match Paramount.
Warner Bros. Discovery includes CNN, HBO Max, etc. The approval paves the way for a new mega-company that would provide one of the biggest sources of live sports, entertainment and news.
Is this final?: Well, the multi-billion-dollar deal will first need to win approval from President Trumpâs Department of Justice. And there are some potential regulatory challenges. Keep in mind that Paramount is owned by Larry and David Ellison, who are allies of President Trump.
Timing: Warner Bros. Discovery expects the deal to clear in the third quarter of 2026.
Keep in mind: In addition to CNN, HBO Max and Paramount , Paramount also owns Discovery , Pluto TV and BET , notes The Washington Post.
Read more on the potential implications: âWhat a combined Paramount-Warner would meanâ
President Trump ordered the Navy to âshoot and killâ any boat that is caught laying mines in the Strait of Hormuz.
Trump made the announcement on social media: âI have ordered the United States Navy to shoot and kill any boat, small boats though they may be (Their naval ships are ALL, 159 of them, at the bottom of the sea!), that is putting mines in the waters of the Strait of Hormuz. There is to be no hesitation,â Trump posted. đ See Trumpâs full post
The mines may be a longer-term problem: The Pentagon told Congress that it may take six months to clear out the mines in the strait, according to The Washington Post.
U.S. Central Command says U.S. forces directed 31 vessels to âturn around or return to........