Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $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. The amended proposal, worth a total $108 billion from the company run by Ellison's...
Warner Bros rejects Paramount bid, sticks with Netflix, says terms of Netflix merger were better
Warner Bros. Discovery on Wednesday rejected a hostile takeover bid by Paramount launched last week to trump plans by streaming giant Netflix to acquire the Hollywood giant and owner of CNN.
Netflix boss promises Warner Bros films would still be seen in cinemas
Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful, the streaming service's chief executive Ted Sarandos said in an interview Tuesday in Paris.
Trump demands CNN get new owners in Warner bidding war
US President Donald Trump said Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he has long feuded with.Netflix’s $83 billion takeover of Warner Bros reshapes Hollywood as regulators prepare intense antitrust scrutiny
Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the entertainment industry's biggest consolidation deal this decade.
Ferrari World and Warner Bros. break Guinness Records titles
Ferrari World Abu Dhabi and Warner Bros. World Abu Dhabi broke two Guinness World Records titles in celebration of the festive season.
Demand for films in Saudi Arabia grows, above 1,000 released in 3 years
There is a great demand from distributors for films in Saudi Arabia, which is borne by the fact that more than 1,000 films have been released in the kingdom's cinemas during the past three years. The rising demand for films and several other points related to the film industry in...
World’s first Warner Bros. hotel to welcome guests in November on Yas Island
Miral in collaboration with Warner Bros. announced today that The WB Abu Dhabi hotel on Yas Island, operated by Hilton under the Curio Collection brand, will open its doors to guests on 11 November 2021.
World’s first Warner Bros. themed hotel nearly complete
The $112m hotel set to open this year in Yas Island It will be operated and managed by Hilton under its Curio Collection The world's first Warner Bros-themed hotel is set to open in Yas Island this year. The hotel, WB Abu Dhabi hotel, is being developed by the...
