Paramount and Netflix bidding war: How much is Warner's cable business really worth?

The multi-billion-dollar war over the legendary media company Warner Bros. Discovery may, unexpectedly, come down to how much the old, dying cable business called Discovery Global is actually worth. Paramount CEO David Ellison argues that Discovery Global -- made up of cable networks like CNN,

Show us the math: Paramount sues Warner Bros. over how it determined Netflix’s bid is better

Paramount says it is suing Warner Bros. Discovery and filing a competing slate of directors in an effort to get the Warner board to take its offer to acquire the company seriously.
The New York Sun

Embarrassment at CNN as Paramount Says News Network Is ‘Worth $0’ From Debt Pointing to Disastrous Relaunch of MSNBC as ‘MS NOW’

Paramount executives say MS NOW’s parent company, Versant, ‘illustrates the challenged path ahead’ for CNN if the Netflix deal goes through.

Delaware judge won't speed up Paramount lawsuit seeking Warner Bros merger details

A Delaware judge on Thursday rejected Paramount Skydance's bid to speed up its lawsuit demanding that Warner Bros Discovery better explain its decision that Netflix's proposed $82.7 billion takeover was better than Paramount's own $108.

Why Paramount is now saying the TV networks it wants to buy from WBD are worth $0.00 per share

Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.

Paramount says Warner Bros cable channels worth nothing, insists its bid superior to Netflix's

Paramount’s offer “represents the best path forward” for Warner Bros shareholders, Paramount said in a statement on Thursday.

Paramount sticks with $30-per-share bid as WBD backs Netflix deal

Wall Street analysts have speculated that Paramount will eventually surpass the $30 threshold to win support for its proposal to acquire all of WBD, including CNN. But for now, WBD continues to say that its existing deal to sell Warner Bros. and HBO (but not CNN or other cable assets) to Netflix is in the shareholders’ best interests.

Paramount lawsuit accuses WBD board of 'misleading' investors, says cable spinoffs have zero value

More details about Paramount's lawsuit against the Warner Bros. Discovery board of directors emerged Monday as TheWrap has obtained a copy of the legal document. The lawsuit was reported on Monday morning and is part of Skydance Paramount CEO David Ellison's plan to launch a proxy battle so his company can acquire Warner Bros.

Paramount Says Warner Bros. Cable Channels Are Worth Nothing

Paramount’s offer “represents the best path forward” for Warner Bros. shareholders, Paramount said in a statement on Thursday. The company has “cured every issue raised” by Warner Bros., most notably by providing an irrevocable personal guarantee by billionaire Larry Ellison for the equity portion of the financing,
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