Zaslav met earlier this week with his bankers at Goldman Sachs to gauge bidding interest from other media and tech outfits – including Amazon, Apple and Netflix.
Shares of Warner Bros. Discovery (WBD) shot up for a second straight session Friday on reports rival Paramount Skydance (PSKY) was preparing to make a bid to take over its media rival.
As markets prepare to open for trading Friday, the Vanguard S&P 500 ETF (NYSEMKT: VOO) looks mostly flat — maybe up a basis point or three depending on when you look. Investors it seems are still digesting the week's economic news, which featured dueling inflation reports (the PPI suggests inflation is falling, while the CPI said it's not only rising, but rising a bit faster than expected) as w...
Warner Bros. Discovery stock rallied for a second day on Friday, as investors weighed reports that Paramount Skydance is preparing a takeover bid that could reshape the US entertainment industry.
Microsoft (MSFT) and OpenAI are redefining their partnership, enabling OpenAI's shift to a for-profit model while maintaining nonprofit oversight. Warner Bros.
As the autumn TV schedules land, investors are bracing for a fresh season of dealmaking in global media. And it looks like 'episode one' is about to air.
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