Tag: mergers and acquisitions

Paramount Global has extended its hostile tender offer for Warner Bros. Discovery to February 20, buying time to rally shareholder support and counter Netflix’s competing bid. Paramount’s all-cash offer contrasts with Netflix’s partial acquisition, which would leave a legacy Discovery…

Netflix has revised its $72 billion offer for Warner Bros. Discovery, shifting to an all-cash bid of $27.75 per share for the studio and HBO Max, dropping its previous cash-and-stock structure. The move aims to streamline shareholder approval, reduce volatility,…

Lionsgate has sold its South and Southeast Asian streaming business, Lionsgate Play, to longtime executive Rohit Jain, who will take full ownership and exit the studio. While Lionsgate is exiting the DTC space in the region, it retains content and…

Sony is set to acquire WildBrain’s 41% stake in Peanuts Holdings LLC, boosting its ownership to 80%, with the Schulz family retaining 20%. The acquisition consolidates ownership of the Peanuts brand under the Sony Group, with Sony Music taking the…

Netflix co-CEO Ted Sarandos stated the company would honor traditional theatrical windows if its $82.7B acquisition of Warner Bros. Discovery goes through. He acknowledged Netflix's lack of experience in theatrical distribution and sees Warner’s century-long history as key to expanding…

Netflix’s $82.7B bid for Warner Bros. Discovery is facing a hostile $30/share counteroffer from Paramount, backed by Gulf state funds and Affinity Partners. Paramount claims its deal is faster and more certain, while Netflix is leaning on YouTube’s dominance in…

Accedo and Magine Pro will merge their SaaS streaming businesses into a new jointly owned company, combining Accedo One with Magine Pro’s platform and customer base to form what they position as a global SaaS leader for OTT streaming. The…

Netflix has escalated its bid for Warner Bros. Discovery with a binding, mostly cash offer that signals a desire for full control, not leverage. This ups the pressure on Paramount, Skydance, and Comcast, while injecting significant political and regulatory risk…

Blue Ant Media is acquiring Thunderbird Entertainment Group in a CAN$89 million cash and stock deal to expand its production scale and content portfolio. The merger brings Thunderbird’s proprietary IP and production services, including its animation arm Atomic Cartoons and…

Starz is exploring an acquisition of A+E Global Media, the joint venture between Disney and Hearst that owns Lifetime and the History Channel. This move follows Starz's separation from Lionsgate and aligns with its strategy to scale digital reach by…