The Latest Breaking News from Netflix

Just when you thought the Netflix plan to acquire Warner Bros. was all but a done deal, Paramount swoops in, and things just got very interesting.

P. Diddy's rivalry with 2Pac and Biggie comes to light in Netflix doc, while his mother criticises the series for spreading false stories.

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday. 

Here's what we know about the future of the Netflix western starring Gillian Anderson and Lena Headey.

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

U.S. stocks kicked off the week in a mixed pattern, with sentiment turning cautious as traders consider a Fed rate cut all but fully baked into current valuations. CME FedWatch tool currently assigns a 90% likelihood to a quarter-point reduction at the Dec. 10 meeting.

Paramount hasn't given up on taking over Warner Bros. just yet.

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – associated with their non-voting equity investments,’ according to Monday’s regulatory filing.

I was born in a small town.

Move over Mark Twain, this time its HBO Max whose death may have been greatly exaggerated – according to Warner Bros. Discovery chief David Zaslav.

COMMENT: In her Netflix special, ‘With Love, Meghan: Holiday Celebration’, the Duchess of Sussex manages to ignore the reality of her own family estrangement with her “perfect” Christmas. No wonder she’s been named on a ‘holiday’ villain list, says Charlotte Cripps.