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Paramount debt to hit $79B after Warner Bros deal, no plan to sell cable assets
Paramount's merger with Warner Bros Discovery will create a combined entity with $79 billion net debt and no plans to sell cable assets, merging streaming services.
Activist investor Ancora opposes Netflix-Warner Bros deal, backs Paramount bid
Activist investor Ancora Holdings opposes Netflix's acquisition of Warner Bros Discovery, supporting Paramount's higher-value bid amid regulatory concerns.
Disney to pay almost $439 million to take full control of streaming service Hulu
Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few years. Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. […]
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery will split into two companies, separating cable from streaming as cord-cutting reshapes the entertainment industry.
