Paramount's all-cash tender offer sets up a potentially monthslong battle between it and Netflix to influence WBD shareholders about which bid is best.
Paramount is considering taking an offer to WBD shareholders, thinking its deal has a better chance of gaining regulatory approval than Netflix's, sources said.
The 2026 World Cup is coming to the U.S., Mexico and Canada. The draw for the World Cup will be held Friday in Washington, D.C., sorting 48 teams into groups.
Warner Bros. Discovery plans to announce either a sale or that it's moving forward with splitting the company — or both — by Christmas, sources told CNBC.
Comcast reports earnings on Thursday. Investors will be listening for commentary about a potential deal for Warner Bros. Discovery or some of its assets.
Less than a month after reaching a carriage agreement with NBCUniversal, YouTube TV is at risk of losing access to Disney's networks, including ABC and ESPN.
Former NBA player Damon Jones is accused of leaking injury information to sports bettors about a Los Angeles Lakers player before a Milwaukee Bucks game.