warner bros

UK politicians call for competition review of Netflix bid for Warner Bros, FT reports

They are concerned that the deal ‘will cement an already-dominant player’ in the TV-streaming market, the report says

Warner Bros' board has maintained that the Netflix merger deal is superior to Paramount’s US$30-per-share cash bid.

Netflix will now pay all cash for Warner Bros to keep Paramount at bay

The new all-cash bid – at US$27.75 a share – has unanimous support from the Warner Bros board

Sony Pictures will gradually start appearing on Netflix globally later this year as individual territory rights become available, the companies say.

Netflix to stream Sony films globally after debut in cinemas

The deal is worth roughly US$7 billion and runs till 2032, according to sources

Paramount has been pursuing Warner Bros for four months and has submitted multiple offers for the iconic Hollywood studio, all of which have been rebuffed by Warner Bros’ board.

Paramount launches Warner Bros proxy fight, files suit

The battle between Netflix and Paramount stands to reshape the entertainment industry regardless of who wins

The Warner Bros studio lot in Burbank. Paramount and Netflix have been vying to win control of the company, and with it, its prized film and television studios and its extensive content library.

Warner Bros rejects revised Paramount bid, sticks with Netflix

The offer hinges on ‘extraordinary amount of debt financing’ that heightens risk of closing, the board tells shareholders

The decision could keep Warner Bros on track to pursue a rival cash-and-stock deal with Netflix despite Paramount’s attempt to sweeten its offer.

Warner Bros likely to reject Paramount’s latest hostile bid, source says

Paramount says its offer is more market-proof than Netflix’s proposal

The board of Warner Bros unanimously recommended that shareholders reject Paramount’s earlier bid in favour of Netflix’s offer.

Paramount’s new offer for Warner Bros is not sufficient, major investor says

The investors now have until Jan 21 to accept or reject the so-called tender offer

Netflix secured a US$5 billion revolving credit facility and two US$10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros bid.

Netflix refinances part of US$59 billion loan for Warner Bros bid

The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities