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CNBC:
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108.4B all-cash deal; sources say WBD rejected the same bid last week — Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war …
Discussion:
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Sara Fischer / Axios:
Filing: Paramount's outside partners for its WBD bid include Saudi Arabia's PIF, Abu Dhabi's L'imad, Qatar Investment Authority, and Jared Kushner's Affinity — Paramount on Monday launched a hostile takeover bid to buy Warner Bros. Discovery, going directly to shareholders with an all-cash, $30-per-share offer.
Discussion:
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Alex Weprin / The Hollywood Reporter:
Comcast President Mike Cavanagh says the company did not have a “high likelihood of prevailing” in its WBD bid but believed the attempt was worthwhile — Mike Cavanagh said Monday that the company “did not expect that we had a high likelihood of prevailing” in its Warner Bros. bid, but wanted to try.
Discussion:
The Wrap, Business Insider, Bloomberg and Deadline
Rohan Goswami / Semafor:
Paramount's WBD bid is backfiring in DC; a Trump official says Paramount seems to “believe the worst possible tropes” about corruption in the administration — The Scene — Paramount's aggressive quest for Warner Bros. — which escalated into a hostile $108 billion bid …
Lucas Shaw / Bloomberg:
Sources: Ted Sarandos met with Trump in November, arguing that Netflix wasn't a monopoly; Sarandos agreed with Trump that WBD should sell to the highest bidder — Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
Discussion:
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Bloomberg:
President Trump says Netflix's WBD deal has “got to go through a process”, its big market share “could be a problem”, and he will be involved in the decision
Discussion:
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PodcastingToday:
Piers Morgan's Uncensored launches its first spin-off, History Uncensored, hosted by former CNN anchor Bianca Nobilo, airing weekly on YouTube and as a podcast — Piers Morgan Uncensored is launching its first ever spin-off series, History Uncensored, presented by former CNN anchor and reporter Bianca Nobilo.
Discussion:
Variety and Barrett Media
RELATED:
Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation — The US-based merchant bank Raine and Greek media mogul Theo Kyriakou are among the backers of the former Mirror editor …
Discussion:
The Wrap
Max Tani / Semafor:
Source: OpenAI privately complained to NBC News that the author of a story about OpenAI pressuring nonprofits was backed by a nonprofit involved in the story — The Scoop — Last month, NBC News broke the news that the artificial intelligence behemoth OpenAI had quietly issued a series …
Discussion:
@binarybits and @maxwelltani
Mike Butcher / Pathfounders:
Alexandru Stan, founder of the software marketplace Tekpon, has acquired The Next Web media and events brands from The Financial Times — The European tech media space has been in quite a state of flux this past year or so, to put it mildly. Under assault, it said, from an AI-driven plumet in traffic …
Lara O'Reilly / Business Insider:
Uber launches Uber Intelligence, an insights platform that lets advertisers tap into Uber's data about customer trips and deliveries — - Uber Advertising is launching an insights platform for marketers called Uber Intelligence. — It has partnered with LiveRamp to aggregate users' data without revealing their identities.
Discussion:
TheDesk.net, How-To Geek and Engadget, more at Techmeme »
Alex Weprin / The Hollywood Reporter:
The Academy reports fiscal 2025 revenues of $269.2M, up from $263.1M in 2024, after cutting expenses from $220.1M to $208.1M; Oscars revenue grew to $150.5M — “It is so important that we continue to diversify revenue streams and control expenses to allow for a sustainable and impactful future," Academy CEO Bill Kramer tells THR.
Trishla Ostwal / Adweek:
Sources: Google has told advertisers that it plans to bring ads to Gemini in 2026; Google's VP of Global Ads says there are no plans for ads in the Gemini app — Google has told advertising clients in recent days that it plans to bring ads to its AI chatbot Gemini, according to agency buyers familiar with the conversations.
Discussion:
Implicator.ai, @edantaylor, @eric_seufert, WinBuzzer, Crypto Briefing and Search Engine Journal, more at Techmeme »
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