Michelle F. Davis

scoop: Netflix is closing in on a deal for Warner Bros. Discovery’s film and TV studios. The two have entered into exclusive talks and a deal could be announced in the coming days, sources say. Story with @Lucas_Shaw and @joshua_sisco bloomberg.com/news/articles/…

And that’s a wrap! $psky $wbd prnewswire.com/news-releases/…

Last Saturday, Netflix was the heavy favorite to buy Warner Bros. What changed? How did David Ellison pull it off? Why did Netflix back off? Behind the scenes of one of the biggest deals in business history with @MichelleF_Davis and @joshua_sisco bloomberg.com/news/articles/…

Netflix is OUT. Paramount is going to buy Warner Bros. Discovery

Warner Bros is going to resume talks with Paramount after two months of rejecting them. The company still says it’s committed to Netflix but needs to find out just how much the Ellisons will offer. (Confirms our story from Sunday.)

New: Warner Bros. is considering re-engaging with Paramount following its latest offer + pressure from some shareholders. WB still has a binding deal with Netflix, which would have the right to match any offer. Scoop with @MichelleF_Davis bloomberg.com/news/articles/…

Activist investor Ancora Holdings is urging the board of Warner Bros. Discovery to reject the offer by Netflix and reconsider a competing bid by Paramount Skydance, adding a new plot twist to one of Hollywood’s biggest takeover battles. @MichelleF_Davis discusses with @daniburgz bloom.bg/4r5Ts3c

@SIRARBALOT Thank you! This will be once a week for an hour on Wednesdays. 12-1p Eastern.

@MichelleF_Davis Excellent and informative. Daily or just 1X a week on Wed?

Tune in for the premiere of the Bloomberg Deals TV show in 15 minutes at noon eastern! We'll be discussing the deals of the day and we have a Warner Bros. Discovery M&A adviser joining us to talk about the latest on the big media deal.

Coterra Energy and Devon Energy are in advanced talks about a combination, according to people familiar with the matter, in what would be one of the largest oil and gas deals in years bloomberg.com/news/articles/…

Confirmed: Netflix has sweetened its deal for Warner Bros. by offering all cash, the companies disclosed in a filing this morning. That compares to the previously agreed to deal in which $27.75 was to be paid out in a mix of cash and Netflix stock. bloomberg.com/news/articles/…

good morning JPM day 2!

Good news: Media reporters can take a few days off. Warner Bros. is planning to reject Paramount's latest offer -- but not until after the board votes next week. bloomberg.com/news/articles/…

scoop: Private-equity exec Matt Holt is in talks to buy companies worth more than $30 billion from New Mountain Capital and start a new firm that plans to use AI to cut health-care costs, sources tell us. Developing story w/ Preeti & @kielporter here: bloomberg.com/news/articles/…

Is Paramount planning to wait Warner Bros. out? In today’s @BloombergDeals newsletter we discuss how things could play out from here bloomberg.com/news/newslette…

Warner Bros. Discovery is advising its shareholders to reject a hostile takeover bid by Paramount in favor of its original agreement with streaming giant Netflix bloomberg.com/news/articles/…

Jared Kushner’s Affinity Partners is exiting from the takeover battle for Warner Bros. Discovery. @MichelleF_Davis reports on "Bloomberg The Close" bloom.bg/45aUeTu

hot off the press: Jared Kushner, who’d been backing Paramount’s bid for Warner Bros, has pulled out of the financing. His firm Affinity Partners says the “dynamics of the investment have changed” since they initially got involved @BloombergDeals scoop: bloomberg.com/news/articles/…

Jared Kushner is dropping out of Paramount's bid for Warner Bros. Big scoop from @MattMonks123 & @MichelleF_Davis bloomberg.com/news/articles/…

NEW: Warner Bros is planning to reject Paramount's hostile takeover offer in favor of the deal it already agreed to w/ Netflix The WBD board has concerns about Paramount's financing structure, sources say. $WBD More here with @Lucas_Shaw bloomberg.com/news/articles/…

Warner Bros. is going to reject Paramount's offer. Story with @MichelleF_Davis bloomberg.com/news/articles/…