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View all search resultsOracle tech tycoon Larry Ellison is offering a US$40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.
Paramount Skydance on Monday launched a hostile bid worth US$108.4 billion for Warner Bros Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.
Streaming giant Netflix has made a mostly cash offer to buy TV and film group Warner Bros Discovery as the storied yet debt-laden Hollywood studio presses on with a sale that could remake the US media landscape, a report said Monday.
Sasa Sambal, part of PT Sasa Inti, has launched a collaboration product with a new formula and special Looney Tunes character packaging from Warner Bros. The innovative introduction was accompanied by an exciting event at Kota Kasablanca mall, offering food, carnival games and various attractions.
The decision deals a blow to cinema chains such as AMC Entertainment, Cineplex and Cinemark which are still trying to recover from the COVID-19 pandemic. "Dune" was one of the most anticipated films on the late 2023 schedule.
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