Warner Bros. Discovery Is for Sale
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Warner Bros. Discovery, the owner of HBO, CNN, and other cable networks, said on Tuesday that it is putting itself up for sale.
A potential acquisition of Warner Bros. Discovery by Paramount could spark antitrust scrutiny, although President Trump’s connection to Larry Ellison might “help smooth the path for a deal,” media analysts told Newsweek.
OpenAI’s ChatGPT currently boasts 800 million weekly active users; however, Google still retains a monopoly over the search engine space, with an approximate 80% market share, according to research.
Warner Bros. Discovery announced the second price increase for HBO Max in 18 months. It comes as the entertainment giant addressed rumors of a sale.
Warner Bros. Discovery Inc. said it’s considering a possible sale after receiving unsolicited interest from multiple parties. Netflix Inc. and Comcast Corp. are among the companies weighing bids for parts of the media and entertainment company,
MCGREGOR GETS LIFETIME HONOR . Ewan McGregor is set to be honored with an outstanding contribution to film and television award by BAFTA Scotland. Across a more than three-decade
Warner Bros. Discovery Stock Surges as Investment Manager Accumulates Shares and Buyout Rumors Swirl
Pacer Advisors recent purchase of more than 22 million shares of Warner Bros. Discovery stock looks like a particularly well-timed investment. The transaction, worth roughly $300 million, comes as rumors swirl that Warner Bros. has drawn interest from a deep-pocketed admirer, David Ellison.
Earlier this week, a number of studios received a letter from U.K. Lawyers for Israel stating that the boycott is a breach of the U.K.'s Equality Act.