#paramount-bid

#paramount-bid

"I think the people that have run CNN for the last long period of time are a disgrace. I think it's imperative that CNN be sold."

Arrival is a moody sci-fi drama about a linguistics professor, played by Amy Adams, who is tasked with finding a way to communicate with aliens that arrive on Earth.

Advertisers running on all nine streaming platforms account for 34% of US streaming TV ad spending, according to a March report from MediaRadar.

As we accelerate toward a streaming-centric future, Danielle's deep expertise across entertainment, sports and technology is invaluable. She will play a critical role in connecting our most valuable assets with brand marketers and agency partners, helping deliver a seamless, client-first experience across the Paramount ecosystem.

Netflix made a deal to buy the Warner Bros side of the company—its studio and streaming businesses—late last year, but Paramount Skydance has been undeterred, aggressively pursuing what it claims to be a better offer for the entire WBD operation. After several failed attempts at a hostile takeover, WBD is considering a final Paramount offer, to which Netflix will have the opportunity to counter.

"While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics," Netflix said in a statement. "Accordingly, we granted WBD a narrow seven-day waiver of certain obligations under our merger agreement to allow them to engage with PSKY to fully and finally resolve this matter."

Warner Bros. Discovery on Friday agreed to be acquired by Paramount Skydance in a deal worth $110 billion, Reuters and Deadline reported, citing remarks by Warner Bros. executive. Bruce Campbell, Warner Bros' chief revenue and strategy officer, made the announcement at a morning town hall, according to Reuters.

Donald Trump wants CNN sold. He has said so repeatedly and publicly, demanding it should be sold in any deal involving Warner Bros Discovery. Now one of America's largest media companies is racing to oblige him, while another looks to consolidate its power. Wednesday's House judiciary hearing on streaming competition where lawmakers voiced concern over the Trump administration's influence and a potential merger's toll on consumers made clear just how dangerous both options are for free speech, audiences and democracy itself.