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Paramount Skydance bid for Warner Bros. Discovery could be in the range of $22 to $24 per share, sources say

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As Paramount Skydance prepares a bid for Warner Bros. Discovery, CNBC's David Faber reported Friday an offer could land in the range of $22 to $24 per share.Faber, citing sources,…

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Trump is threatening broadcast station licenses — what that means, and how it all works

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A sign is seen outside of the "Jimmy Kimmel Live!" show outside the El Capitan Entertainment Centre on Hollywood Boulevard, from where the show is broadcast in Hollywood, California on…

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Comcast spinoff Versant reports declining annual profit as it prepares to go public

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Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public.The new entity will trade on the Nasdaq under the ticker "VSNT" after…

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Former Milwaukee Bucks owner Marc Lasry says he doesn’t believe L.A. Clippers owner Steve Ballmer circumvented salary cap

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Former Milwaukee Bucks co-owner Marc Lasry said he doesn't believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA's salary cap by working with a third-party company to surreptitiously…

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David Ellison has wasted no time putting his stamp on Paramount

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David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on Jan. 7, 2024 in Beverly Hills, California.Kevin Winter | The Hollywood Reporter…

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Paramount Skydance is preparing a bid for Warner Bros. Discovery, sources say

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Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter.Warner Bros. Discovery had yet to receive…

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Netflix will let users customize and share clips on mobile

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Netflix on Wednesday announced a new update to its "Moments" feature, allowing viewers to choose a start and end point on clips to save and share.The feature, which is only…

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Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot

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Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho.Kevin Dietsch |…

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Versant to rename MSNBC, drop famed peacock logos in Comcast separation

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The brand logo for My Source News Opinion WorldCourtesy of VersantMSNBC will change its name later this year and drop the storied peacock image from its branding — the first…

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Warner Bros. Discovery announces post-split companies will be ‘Warner Bros.’ and ‘Discovery Global’

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David Zaslav, President and CEO of Warner Bros. Discovery, attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | ReutersWarner Bros. Discovery…