Overcast with rain showers at times. High 64F. Winds SSW at 10 to 20 mph. Chance of rain 60%..
Rain early...then remaining cloudy with showers overnight. Low around 55F. Winds S at 5 to 10 mph. Chance of rain 80%. Rainfall near a quarter of an inch.
Updated: February 24, 2026 @ 8:17 am
NEW YORK (AP) — Warner Bros. Discovery says it's reviewing a new takeover offer from Paramount but it continues to recommend a competing offer from Netflix to its shareholders.
Warner disclosed Tuesday that it had received a revised proposal after a seven-day window to renew talks with Paramount elapsed on Monday.
Skydance-owned Paramount confirmed that it had submitted a revised proposal, but did not provide further details on the latest bid. The company was widely expected to have raised its offer price.
A Warner Bros. Discovery buyout would reshape Hollywood and the wider media landscape — bringing HBO Max, cult-favorite titles like “Harry Potter” and, depending on who wins the Netflix v. Paramount tug-a-war, potentially even CNN under a new roof.
Paramount wants to acquire Warner Bros. in its entirety — including networks like CNN and Discovery — and went straight to shareholders with an all-cash, $77.9 billion hostile offer just days after the Netflix deal was announced. Accounting for debt, it previously offered Warner stakeholders $30 per share, amounting to an enterprise value of around $108 billion.
Netflix only wants to buy Warner’s studio and streaming business for $72 billion, or about $83 billion including debt.
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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Dirk van Ulden said:
Brian Wright said:
Let's say Trump's lies. I apologize or the profanity in my earlier comment. I get frustrated and angry with the Pathological Liar in Chief.
Brian Wright said:
Thank you, and sorry, this reply was meant to add to my comments to Terence.
Brian Wright said:
Let's say Trump's lies. I apologize or the profanity in my earlier comment. I get frustrated and angry with the Pathological Liar in Chief.
Brian Wright said:
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