Topic: media acquisition
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Warner Bros. Discovery Urges Shareholders to Reject Paramount Bid
Warner Bros. Discovery's board unanimously recommends shareholders reject a higher $108 billion offer from Paramount Skydance, deeming it inadequate and risky. The board endorses Netflix's $82.7 billion bid instead, citing it as providing superior and more certain value for shareholders and a bet...
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Substack Takes Over CBS News in Surprise Move
Paramount has acquired The Free Press and appointed its founder Bari Weiss as the new editor-in-chief of CBS News, marking a significant strategic shift for the network. Bari Weiss brings a journalism background from The Wall Street Journal and The New York Times, where she focused on conservativ...
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Netflix, Amazon, Apple Eye Warner Bros. Acquisition
Warner Bros. Discovery is undergoing a strategic review for potential acquisition, with major tech firms like Netflix, Amazon, and Apple showing interest in buying the company or its key assets. The company is sharing confidential financial details with interested parties, including media giants ...
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The Rise of Right-Wing 'New Media'
The term "new media" in Washington has shifted from describing digital-native outlets to serving as a coded label for conservative-aligned entities that align with MAGA perspectives and adhere to specific ideological commitments. Republican leaders and the Trump administration institutionalized t...
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