Paramount Skydance’s latest $108.4 billion offer to acquire Warner Bros Discovery has been deemed insufficient by major shareholder Harris Oakmark. Owning roughly 4% of Warner Bros shares, the investor emphasized that while Paramount’s amended bid addressed some concerns, it still falls short of providing adequate incentive, leaving the two competing offers — Paramount’s
Following the invasion of Ukraine, Warner Bros., Disney, and Sony have halted the release of films in Russian theatres. The announcements mean that major films such as The Batman, Turning Red, and Morbius will not be released in the country as planned. They come at a time when governments around the world are tightening sanctions […]

