Paramount Skydance Corp

PSKY

Market cap $17.5B

A source close to WBD said the media giant believes this is now a “horse race” between Paramount Skydance and Netflix whose outcome is a “toss up,” giving it “50 50” odds.

TORONTO, Nov. 27, 2025 /PRNewswire/ -- A northern "Shore". Ten Canadians. Unlimited drama. And a summer unlike anything else! Paramount+ today unveiled the January 22, 2026, premiere date, teaser trailer and cast of CANADA SHORE, the first-ever Canadian edition of the global MTV "Shore" phenomenon. CANADA SHORE will stream exclusively on Paramount+ in Canada, the U.S., U.K., Ireland and Australia.

Rich Greenfield, LightShed Partners partner and co-founder, joins 'Squawk Box' to discuss the bidding war for Warner Bros. Discovery.

Paramount and Warner Bros. Discovery reached an unusual revenue-sharing deal that allows the long-stalled sequel, pushed by President Trump, to move forward despite distributor hesitation over Brett Ratner.

Paramount is reportedly close to a deal to revive the long dormant “Rush Hour” franchise, as the request of President Donald Trump.

Paramount Skydance , Comcast and Netflix are bidding to buy Warner Bros Discovery , Reuters reported on Thursday, but each company's bid faces its own political and regulatory risks.

Paramount Global (NASDAQ:PARA), Comcast Corporation (NASDAQ:CMCSA, XETRA:CTP2), and Netflix Inc (NASDAQ:NFLX, XETRA:NFC) have submitted nonbinding bids to acquire all or parts of Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A), according to people familiar with the matter. Paramount is seeking to acquire the entire company, including cable networks such as CNN, TBS, and HBO Max/Discovery+, along with Warner Bros.

Paramount Skydance made another offer for Warner Bros. Discovery this week, while Netflix and Comcast bid on the company's studios and streaming assets, according to people familiar with the matter.

U.S. media company Paramount+ will show the majority of Champions League soccer matches in Britain from 2027 to 2031 after it beat the current main broadcaster TNT Sports in an auction, UC3 said on Friday.

CNBC's David Faber reports on the latest news from Warner Bros. Discovery.