HBO Max Returns To Amazon Prime Video In The U.S.

Warner Bros. To Accept Paramount Bid As Netflix Backs Out; Paramount, Netflix Stocks Up

Warner Bros. Discovery Inc. is gearing up towards accepting a superior all-cash proposal from Paramount Skydance Corp., after streaming video major Netflix Inc. dropped its bid to take over the media and entertainment giant. In the latest develpoment in the merger of majors, Netflix declined to raise its offer, stating that the deal, if revised to match Paramount Skydance's suprior proposal...

RTTNews | 195 days ago

Trump Warns Netflix-Warner Bros. Deal 'could Be A Problem'

While talking about Netflix, Inc.'s $83 billion deal to acquire Warner Bros. Discovery, Inc., US president Donald Trump said the streaming video giant's very big market share could be a problem in culminating the mega deal. Netflix, which announced the proposed $72 billion equity transaction for the media and entertainment giant last week, is seeking regulatory approval in the US and in Europe.

RTTNews | 276 days ago

Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

In a merger of majors, streaming video firm Netflix, Inc. is acquiring media and entertainment giant Warner Bros. Discovery, Inc. for a total enterprise value of approximately $82.7 billion, or an equity value of $72.0 billion. The move follows the planned separation of Warner Bros. Discovery's Global Networks division into a new publicly-traded company. In the pre-market activity, Netflix shares

RTTNews | 279 days ago

CNN, Reuters Launch Digital Paywalls

Global news organizations CNN, owned by media conglomerate Warner Bros. Discovery, as well as Thomson Reuters Corp. announced their plans to launch digital paywalls, with a view to developing new digital revenue streams aiming to support their work in journalism around the world. CNN, in an internal memo, said it is starting to ask some of its visitors to pay $3.99 a month for access...

RTTNews | 708 days ago

Disney's ESPN, FOX, Warner Bros. Discovery To Launch Streaming Sports Service

Media companies ESPN, a subsidiary of Walt Disney Co., along with FOX and Warner Bros. Discovery are joining together to launch a streaming sports service in the United States in the fall of 2024. The companies have reached an understanding on principal terms to form a new joint venture to provide sports content all in one place outside of the traditional bundle.

RTTNews | 947 days ago

Mattel Unveils New Barbie The Movie Collection

Toy maker Mattel, Inc. has unveiled a new product collection from across the portfolio of its brands inspired by the upcoming film, Barbie. The hugely anticipated feature film, created in partnership with Warner Bros. Pictures, debuts in theaters nationwide July 21. The new line features over half a dozen iconic Barbie and Ken looks inspired by the film.

RTTNews | 1197 days ago

Asian Markets Sink Amid Inflationary Risks

Asian markets are mostly lower on Friday, following the negative cues from Wall Street overnight, as crude oil soars past $100 a barrel for the first time since May amid concerns of a prolonged war between the U.S. and Iran. Surging crude oil prices and treasury yields have added to concerns about inflation risks and the outlook for interest rates ahead of the US Fed's monetary policy meeting.

RTTNews | 14 minutes ago

Indian Shares Set For Weak Opening As Oil Extends Surge On Mideast Tensions

Indian shares are seen opening notably lower on Friday as investors fret about the inflationary impact of elevated crude prices amid escalating geopolitical concerns.

RTTNews | 45 minutes ago

EURUSD	1.1602	GBPUSD	1.34981
USDJPY	154.457	USDCAD	1.38449