Warner Bros. Discovery on Tuesday said it will reopen deal talks with Paramount Skydance under a seven-day waiver from Netflix to explore “deficiencies” in Paramount’s offer to buy the entirety of WBD. The legacy media company has a pending transaction with Netflix for its streaming and studio businesses. Paramount launched a hostile tender offer straight…
Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…
Director of National Intelligence Tulsi Gabbard attends a House Intelligence Committee hearing about worldwide threats, on Capitol Hill in Washington, March 26, 2025. Leah Millis | Reuters Director of National Intelligence Tulsi Gabbard will testify publicly at the Senate Intelligence Committee on March 18, MS Now reported Monday, citing a person familiar with the matter….
Seahawks’ Kenneth Walker III is Super Bowl MVP And the Super Bowl MVP is… running back Kenneth Walker III. Walker rushed for a game-high 135 yards on 27 carries during the Seahawks’ 29-13 win over the Patriots. He also caught two passes for 26 yards and is one of only three players with multiple runs…
Volkswagen is one of three automakers expected to advertise during the Super Bowl in 2026. Courtesy VW DETROIT — Automakers are largely sitting on the advertising sidelines during this year’s Super Bowl amid uncertainty in the U.S. automotive industry involving sales, tariffs and regulations. Carmakers — historically major buyers of ads during the big game…
Moviegoers will find a wealth of familiar franchises on the big screen this year. It may not be enough to save the box office. New entrants from popular film series dominate the movie slate in the next 12 months. The 2026 schedule features releases from Star Wars, Marvel, DC Comics, Toy Story, Super Mario Bros.,…
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. The future of the Warner Bros. Discovery company — its iconic movie studio, HBO Max…
A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters Netflix jumped into the advertising business later than its media peers, but its strategy shift is starting to pay off. This week Netflix reported its fourth-quarter earnings, which were mostly overshadowed…
Sopa Images | Lightrocket | Getty Images Netflix will report its fourth-quarter earnings after the bell on Tuesday, with questions surrounding its pending acquisition of Warner Bros. Discovery’s assets top of mind for investors. In recent years Netflix’s quarterly reports have been mostly steady — with the exception of a miss on earnings estimates last…