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The Latest Breaking News from David Ellison

Trump son-in-law Jared Kushner is investor in Paramount’s hostile takeover bid of Warner Bros

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – associated with their non-voting equity investments,’ according to Monday’s regulatory filing.

The Independent UK

Skydance’s hostile bid for Warner Bros. is a Hail Mary

Here we go again.

The Mary Sue

Paramount, backed by Saudi Arabia's Public Investment Fund, launches hostile takeover bid for Warner Bros. Discovery, one day after US president Donald Trump says the Netflix deal 'could be a problem'

The Paramount bid is also supported by Trump's son-in-law Jared Kushner, so that's probably not great for Netflix's ambitions.

PC Gamer

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read the most diverse news in one place.

MTG on 60 Minutes sends Trump into tailspin rant against ‘No Better’ CBS-Paramount as he demands apology

The president’s screed against Paramount’s ownership — which he had previously praised incessantly — came at the same time the media giant launched a hostile takeover bid of Warner Bros. Discovery that was joined by Trump’s son-in-law Jared Kushner.

The Independent UK

Connie Chung Gets Real About ‘Greedy’ Changes To CBS News (And Doesn’t Hold Back)

Connie Chung doesn't hold back on her feelings about her former employer.

Cinemablend

Paramount CEO Claims 'Inherent Bias': £108.4B Bid Challenges Netflix's Warner Bros Deal

Paramount Skydance launches a hostile $108.4bn bid for Warner Bros Discovery, challenging Netflix's $72bn deal amid political scrutiny and antitrust fears.

International Business Times UK

Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Paramount’s bid for the entire company counters $82.7bn Netflix deal for WBD’s studio and streaming operation

The Guardian - US

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Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

The Netflix chief’s pilgrimage to DC came as Paramount’s ownership believed it had the inside track to acquire Warner Bros. due to the Ellison family’s close ties to the president.

The Independent UK

Paramount Is Not Going Down Without A Fight, Outbids Netflix With $108 Billion Cash Offer For Warner Bros.

Paramount Skydance Corp (NASDAQ:PSKY) on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, Inc (NASDAQ:WBD) for $30 per share, valuing the company at $108.4 billion and including its Global Networks segment.

Benzinga

Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner

Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.

Fortune

Trump says the big Netflix-Warner Bros merger ‘could be a problem’ – here’s why

‘Could be a problem’: Trump wants to personally help decide the Netflix-Warner Bros. Deal – and he’s already highlighted a big reason to block it.

TechRadar

Netflix agrees to buy Warner Bros, including its game studios, for nearly $83 billion-with-a-B, but the fight may not be over yet

Paramount Skydance was also vying for WBD and it doesn't seem willing to take "no" for an answer.

PC Gamer

Deal Dispatch: Puma For Sale; Paramount Complains About Netflix, WBD

North American Builders Supply Files for Bankruptcy Amid Supplier Debts🚨BANKRUPTCY FILING ALERT🚨North American Builders Supply, Inc.Case: 25-18572📊Assets: $0.5M-$1M | Liabilities: $1.0M-$10M | Creditors: 1-49 | Industry: Construction SupplyChapter 11 – Filing Summary…— RK | Consultants (@_RKConsultants) December 4, 2025 src="https://platform.twitter.com/widgets.js" charset="utf-8"> For the previous edition of Deal Dispatch, click here.…

Benzinga

Netflix’s bombshell deal to buy Warner Bros. brings Batman and Harry Potter to the big red streamer and infuriates theater owners and the Ellisons

Just days before Netflix emerged as the highest bidder, Paramount tore into the “myopic process” that had become “tainted.”

Fortune

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news in one place.

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The Independent UK

Maurice DuBois to exit CBS — leaving ‘Evening News’ with no anchors amid Bari Weiss’ overhaul

CBS News editor-in-chief Bari Weiss has been openly searching for a splashy outside hire to take over the perennially third-place evening news broadcast

The Independent UK

Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead

While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros. Discovery, it appears he is growing less confident that he’ll add the studio giant to his growing media empire.

The Independent UK

CBS News staffers rip ‘shallow’ Bari Weiss for moderating ‘absurd’ network town hall with Erika Kirk

‘How embarrassing,’ one network staffer told The Independent. ‘Bari’s been Editor-in-Chief for five seconds and has revealed that all she really wants is to be on TV herself.’

The Independent UK

CBS News faces investigation from top House Democrat over editing of ‘60 Minutes’ Trump interview

‘The double standard here undermines public trust and demonstrates how Paramount’s capitulation has compromised CBS News’s independence,” Jamie Raskin wrote Wednesday

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news in one place.

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Fortune

Netflix would be ‘killing three birds with one stone’ by buying Warner Bros. Discovery, BofA says

The global media industry is standing at the edge of a “historic transformation,” with Warner Bros. Discovery at the “epicenter,” Bank of America said.

International Business Times UK

Will Smith's Comeback: Actor Nears Mega-Money Paramount Deal To Revive 'Battered' Career

Will Smith is reportedly close to securing a major Paramount deal as he works to rebuild his battered Hollywood career following the Oscars fallout, according to entertainment insiders quoted in recent reports.

Benzinga

Bernie Sanders Highlights How Handful Of Billionaires Like Mark Zuckerberg, Elon Musk, Jeff Bezos Are Controlling What Americans See

On Tuesday, Sen. Bernie Sanders (I-Vt.) sounded the alarm over the concentration of media power in the hands of a few ultra-wealthy individuals.

International Business Times UK

Rush Hour 4 Is Happening: Here's What Trump Has To Do With It

Paramount picks up Rush Hour 4 after Donald Trump reportedly urged its return, reuniting Jackie Chan, Chris Tucker and director Brett Ratner.

International Business Times UK

Trump Forces Rush Hour 4 Return: Sequel Greenlit Amid Warner Bros Bid War

Donald Trump pushes Paramount to revive Rush Hour 4 with Brett Ratner directing. The sequel lands amid a major bidding war for Warner Bros Discovery.

Benzinga

Trump Gets His Movie Wish: 'Rush Hour 4' — Is That Why White House Backs Paramount's Warner Bros Bid?

President Donald Trump‘s movie wish could soon become reality. Paramount Skydance (NASDAQ:PSKY) is reportedly set to release a fourth movie in the "Rush Hour" franchise, partnering with Warner Bros. Discovery (NASDAQ:WBD) to do so.

The Independent UK

Bari Weiss mocked for suggesting ‘charismatic’ voices like Alan Dershowitz are what CBS News needs

‘As you’re watching this, consider that she likely made this exact pitch to David Ellison and he said, yes, precisely, here is $150 million and the top job at CBS News,” Drop Site News’ Ryan Grim observed.

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