Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid. Two senators are now coming forward and pressing Attorney General Pam Bondi to recuse herself from the review of the deal.

The Standard General hedge fund co-founder Soo Kim has held talks over buying into Warner Bros. Discovery (WBD)’s TV networks, according to the Financial Times. Citing people briefed on the matter, the article reported that Kim had been approached by “at least one” WBD shareholder about acquiring some or all of the cable TV assets,

Soo Kim, founder of New York hedge fund Standard General, has been in talks over potentially buying or investing in the Warner Bros Discovery television networks, the Financial Times reported on Thursday.

The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.

From Saudi Arabia’s crown prince to California tech moguls, key players in the fight for a celebrated Hollywood institution

Madigan tells us about her outrageous character, which not only inspired Halloween costumes but might also land the 75-year-old an Oscar nomination.

Deal volume for the June–November 2025 period jumped 61 percent over the same timeframe in 2024, according to PwC.