M&A

James Murdoch channels his $1.1B breakaway cash Into New York Magazine—and a deliberate progressive counterweight to his father’s right‑wing empire.

This represents the largest power-sector merger on record and will create the world's largest regulated electric utility business by market cap.

The decision clears the way for Paramount Skydance to acquire the entire media conglomerate.

The WBD board had set Feb 23 as the "best and final" deadline after rejecting Paramount's Feb 10 proposal for falling short of a "superior proposal".

On Feb 3, 2026, the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights held a hearing to the Netflix-WBD proposed merger.

On Jan 31, 2026, SpaceX and xAI officially agreed to merge, creating a combined entity valued at $1.25 trillion.

Netflix amended its offer to an all-cash bid for WBD's studio and streaming assets, valued at approximately $27.75 per share.

Paramount Skydance is currently engaged in a high-stakes legal and corporate battle against WBD following a rejected hostile takeover attempt.

The potential reshaping of Hollywood has sparked industry concern as theater groups warned a Netflix-led model could further sideline theatrical releases.

Netflix agreed to acquire Warner Bros. Discovery‘s film, television studios, and streaming service (HBO Max) for $72 billion.

The $8 billion merger between Paramount Global and Skydance Media was officially approved by the Federal Communications Commission (FCC) on Jul 24, 2025.

On Mar 28, 2025, Elon Musk’s AI startup, xAI, acquired his social media platform, X (formerly Twitter), in an all-stock transaction.