Paramount ups the stakes with $108bn hostile WBD bid

Paramount ups the stakes with $108bn hostile WBD bid

Paramount Skydance's 11th-hour, hostile $108.4 billion bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros to its ardent overtures late last week, a securities filing yesterday showed. According to a Reuters report, Paramount offered a blow-by-blow account of Paramount CEO David Ellison's c...


Netflix-WBD deal faces anti-trust, political pushback

Netflix-WBD deal faces anti-trust, political pushback

Some members of Congress on Friday deemed Netflix's $72 billion proposed acquisition of Warner Bros Discovery's studios and streaming unit an antitrust "nightmare" for consumers and creatives, while the company touted the deal as driving value for viewers, workers and shareholders. Netflix 


Navneet Sehgal steps down as Prasar Bharati Chairman

Navneet Sehgal steps down as Prasar Bharati Chairman

Navneet Kumar Sehgal has resigned as Chairman of public broadcaster Prasar Bharati, with the Ministry of Information and Broadcasting accepting his resignation and relieving him from service with immediate effect. According to an official ministry communication, Sehgal had submitted his resignation on Tuesday. The notice, addressed to him at ...