Warner Bros Discovery rejects hostile Paramount bid
Warner Bros Discovery has told its shareholders to reject Paramount Skydance's $108.4bn takeover bid.

Warner Bros Discovery has told its shareholders to reject Paramount Skydance's $108.4bn takeover bid.
FIFA has partnered with Netflix for a new officially licensed football simulation title that will be released in time for next summer’s World Cup.
YouTube has secured exclusive global rights to the Oscars – including red carpet coverage, behind-the-scenes content, Governors Ball access, and more – from 2029 to 2033.
Culture Secretary Lisa Nandy has launched a review of the BBC’s Royal Charter, with priorities aimed at bolstering trust in the broadcaster and increasing financial sustainability.
Netflix Co-CEOs Greg Peters and Ted Sarandos have stressed their belief that the streamer’s planned $83bn acquisition of Warner Bros Discovery will go ahead, despite a hostile bid from Paramount Skydance.
Just months after being acquired by leading UK post-production company Envy, post houses Halo Post Production and Evolutions have been placed into administration.
The UK government has named the new members of its Creative Industries Council (CIC), its strategic forum for collaboration with industry leaders.
The BBC Group has appointed Bérangère Michel as its Group Chief Financial Officer.
The Walt Disney Company has agreed to invest $1bn in OpenAI, enabling users to make videos with its copyrighted characters on the video generation app, Sora.
The Society of Motion Picture and Television Engineers (SMPTE) has teamed up with the European Broadcasting Union (EBU) and the Entertainment Technology Center (ETC) on a new engineering report on artificial intelligence (AI) and its effect on media.