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Warner Bros

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Layoffs Under Ellison’s New Regime Just two months after Skydance Media’s $8+ billion takeover of Paramount Global, the combined company – now Paramount Skydance Corp. – is undertaking one of the entertainment industry’s largest recent staff reductions reuters.com theguardian.com. On Wednesday (Oct. 29), CEO David Ellison kicked off the first phase: roughly 1,000 layoffs across U.S. operations spanning film, TV, streaming, and corporate units reuters.com. Additional cuts bringing the total to about 2,000 jobs eliminated are expected in the coming weeks abcnews.go.com. Ellison, 40, assumed leadership of Paramount Skydance after orchestrating the merger in August, which made him the latest Hollywood mogul
29 October 2025
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Warner Bros Discovery Stock Skyrockets on $60B Takeover Rumors

Warner Bros Discovery Stock Skyrockets on $60B Takeover Rumors

Shares Surge Amid Takeover Buzz On Oct. 21, Warner Bros Discovery officially confirmed that it was exploring “strategic alternatives” after fielding takeover inquiries theguardian.com reuters.com. In a press release, WBD said it had received “unsolicited interest…from multiple parties for both the entire company and Warner Bros.” theguardian.com. The news ignited a buying frenzy: WBD stock jumped from around $18.30 before the announcement to about $20 by the day’s end ts2.tech reuters.com. In dollar terms that was roughly an 11% one-day gain reuters.com, adding to an already massive rally this year (shares are up roughly 75% since Jan. 1 ts2.tech). The
22 October 2025
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Is Warner Bros. Discovery (WBD) the Next Big Media Stock? 75% YTD Surge Sparks Buzz

Warner Bros. Discovery Stock Soars on Sale Buzz – Is a Blockbuster Media Deal Brewing?

WBD Stock Surges on Takeover Rumors Warner Bros. Discovery corporate logo signage. The media giant’s stock surged on October 21, 2025 amid speculation of a potential sale. Warner Bros. Discovery’s stock spiked sharply on October 21, 2025 after the media conglomerate signaled it might be open to a sale. In a morning announcement, WBD said its board has launched a “comprehensive review of strategic alternatives” following unsolicited takeover interest from multiple parties ts2.tech. This stunning development – just months after WBD announced plans to split into two companies – sent WBD shares up about 7–9% to nearly $20, from a
21 October 2025
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