Netflix to buy Warner Bros. Discovery for $82B
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A loss of key channels, including the Discovery Channel, could impact already falling subscriber numbers at DStv.
LOS ANGELES—Allen Media Group streaming platform Local Now today launched 23 news, sports and entertainment channels from Warner Bros. Discovery. The lineup includes CNN Headlines and CNN Originals, sports channel Bleacher Report and 12 Warner Bros.
Paramount Skydance has sharply increased the breakup fee in its proposed offer to acquire Warner Bros Discovery, lifting the amount from $2.1 billion to $5 billion, according to a Bloomberg News report citing individuals familiar with the negotiations.
Meara covers streaming service news for CNET. She graduated from the University of Texas at Austin with a degree in journalism. When she's not writing, she likes to dote over her cat, sip black coffee and try out new horror movies. Looking for sharks?