Paramount Just Launched a Hostile Takeover Bid to Block Netflix From Buying Warner Bros. Discovery
The company is bypassing Warner Bros. Discovery’s board and going straight to shareholders with a higher, all-cash offer.
In a plot twist, Paramount made a hostile takeover bid for Warner Bros. Discovery this morning just days after the company agreed to sell major assets to Netflix. The company bypassed Warner Bros. Discovery’s board and went straight to shareholders, arguing Netflix’s offer is inferior.
Paramount is offering $30 per share in cash, valuing Warner Bros. Discovery at roughly $108 billion, and says its proposal would face fewer regulatory hurdles. Paramount’s offer doesn’t just include the studio and streaming business; but also cable networks like CNN.
The bid sets up a showdown between two entertainment giants, with shareholders now holding the power to decide which future Hollywood gets.
Hundreds of Business Groups Just Sent Congress an Urgent Warning About Franchising
Photo by Andrey Denisyuk/Getty
A powerful coalition of business groups sent a letter to Congress urging passage of the American Franchise Act.
The signatories include the American Hotel & Lodging Association, the International Franchise Association, Dunkin’ Donuts franchise owners, and restaurant and hospitality groups from nearly every state. They argue that rapid changes to the “joint employer” standard have triggered costly litigation, job losses, and major uncertainty for small business owners.
The bill would define franchisors and franchisees as independent employers, a move supporters say is crucial to protecting a $900 billion sector employing more than 8 million Americans.
Your Next Phone Might Cost More Than You Think — Here’s the Surprising Reason Why
Photo by Xavier Lorenzo/Getty Images
Smartphones usually get pricier when companies add better cameras or more storage. But next year, analysts say a far less glamorous part could drive up prices: memory chips.
Manufacturers like Samsung and Micron are diverting memory production budgets over to AI data centers, where demand has exploded. That shift is pushing memory prices up as much as 30 percent this quarter, with another spike expected in early 2026.
Cheap Android phones could feel it first, since slimmer profit margins leave companies little choice but to charge more. And it’s not just phones at risk. Tablets, laptops, and smartwatches may all get more expensive.
Hershey’s Drops a Limited Edition Dubai Chocolate Bar
Photo courtesy of GoPuff
Hershey’s is jumping on the Dubai chocolate craze with a limited-edition bar inspired by the viral Middle Eastern treat, but good luck getting your hands on one. Hershey’s made only 10,000 bars.
The new Hershey’s Dubai-Inspired Chocolate Bar is layered with pistachio cream and crispy kadayif under classic milk chocolate.
They’re available for $8.99 exclusively through GoPuff in New York City, Philadelphia, and Chicago. Once they sell out, the company says they’re gone for good.
In a plot twist, Paramount made a hostile takeover bid for Warner Bros. Discovery this morning just days after the company agreed to sell major assets to Netflix. The company bypassed Warner Bros. Discovery’s board and went straight to shareholders, arguing Netflix’s offer is inferior.
Paramount is offering $30 per share in cash, valuing Warner Bros. Discovery at roughly $108 billion, and says its proposal would face fewer regulatory hurdles. Paramount’s offer doesn’t just include the studio and streaming business; but also cable networks like CNN.
The bid sets up a showdown between two entertainment giants, with shareholders now holding the power to decide which future Hollywood gets.
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