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Paramount calls Warner Bros. sale ‘tainted’ in letter to CEO

In a letter to Warner Bros. CEO David Zaslav, attorneys for Paramount said the entertainment giant is favoring a rival bid from Netflix.

Christopher Palmeri

Fox is considering making an investment in TikTok as part of a group that includes Oracle, Andreessen Horowitz and Silver Lake Management.

DirecTV will also be able to offer a new online version of ESPN to its subscribers at no additional cost after it launches next year.

Redstone holds a 20% stake in National Amusements and is in line to receive about $350 million from its sale.