Tag: Warner Bros. Discovery

Paramount Skydance Corporation has filed preliminary proxy materials with the SEC and extended its deadline for Warner Bros. Discovery shareholders to tender their shares to the company from January 21 to February 20.

Warner Bros. Discovery has unveiled a refreshed free-to-air portfolio in the U.K., including a new-look TLC channel.

Warner Bros. Discovery (WBD) will stream every match of the Australian Open across Europe, with full coverage on HBO Max and discovery+.

Paramount Skydance has filed a lawsuit against Warner Bros. Discovery, seeking disclosure of more information to WBD shareholders.

One day after Warner Bros. Discovery’s board of directors urged its shareholders to reject Paramount Skydance’s $30-per-share all-cash offer, Paramount has opted not to amend its proposal, reasserting that it is “superior” to WBD’s existing agreement with Netflix.

Warner Bros. Discovery’s board of directors has sent a letter to shareholders unanimously recommending that they reject Paramount’s latest tender offer, amended on December 22.

Warner Bros. Discovery has signed a new multiyear, multi-territory agreement with CANAL+ that will expand the distribution of HBO Max and renew several thematic and free-to-air channels across Europe and Africa.

Warner Bros. Discovery’s board of directors unanimously recommended that the tender offer launched by Paramount Skydance on December 8 be rejected by shareholders.

Paramount Skydance is continuing its campaign for Warner Bros. Discovery, with a letter from David Ellison sent directly to shareholders asserting that the company believes “we are the best stewards not only to build long-term value for the assets but also delight audiences and help cultivate a more vibrant creative community.”

Paramount Skydance has launched a hostile takeover bid for Warner Bros. Discovery, offering an all-cash $30-per-share deal, after WBD entered a definitive agreement with Netflix last week.