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Netflix given four days to match ‘superior’ Paramount offer for Warner Bros Discovery

Netflix given four days to match ‘superior’ Paramount offer for Warner Bros Discovery

WBD board says $31-per-share offer constitutes ‘company superior proposal’, triggering Netflix’s window to respond Sign up for the Breaking News US email to get newsletter alerts in your inbox Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant. In an announcement on Thursday afternoon, WBD said that its board had determined Paramount’s revised offer to be a “company superior proposal” compared to Netflix’s $82.7bn deal – triggering Netflix’s window to respond. Continue reading...

'More seriousness on both sides' - Iran's Araghchi on 'significant progress on some issues' after talks with US in Geneva

'More seriousness on both sides' - Iran's Araghchi on 'significant progress on some issues' after talks with US in Geneva

"Iranian Foreign Minister Abbas Araghchi said the third round of talks with the US were ‘one of the most serious and prolonged’ sessions held so far, claiming ‘significant progress on 'some issues'. The talks, which focused on Tehran's nuclear ambitions and US sanctions, spanned nearly four hours in the morning and around two hours in the evening, facilitated by Omani Foreign Minister Badr al-Busaidi, with International Atomic Energy Agency (IAEA) chief Rafael Grossi assisting on technical issues. “Over these long and very intensive hours, we made good progress and seriously examined the key elements of a potential agreement, both in the nuclear field and regarding sanctions,” Araghchi said. He said that the two sides could hold another round of talks ‘very soon, perhaps within the next week or so'. Outlining the next steps, he said that expert-level discussions will begin from Monday in Vienna, with assistance from IAEA experts, to chalk out a framework and format of an agreement that also aligns with Iran's ‘political demands’. Araghchi said that Iran had laid out ‘clearly’ its expectations regarding sanctions imposed by the US on Tehran. “What needs to happen have been clearly stated on our part. It has been agreed that in the next session, we will delve into this discussion in more detail,” he added. Al-Busaidi took to X and said that ‘significant progress’ had been made during the negotiations and that the next round could resume ‘soon after consultation in the respective capitals’. The discussions are taking place against a tense backdrop, with Washington increasing its military footprint near Iran’s borders and threatening military action if the talks fail to produce an agreement."

'More seriousness on both sides' - Iran's Araghchi on 'significant progress on some issues' after talks with US in Geneva

'More seriousness on both sides' - Iran's Araghchi on 'significant progress on some issues' after talks with US in Geneva

"Iranian Foreign Minister Abbas Araghchi said the third round of talks with the US were ‘one of the most serious and prolonged’ sessions held so far, claiming ‘significant progress on 'some issues'. The talks, which focused on Tehran's nuclear ambitions and US sanctions, spanned nearly four hours in the morning and around two hours in the evening, facilitated by Omani Foreign Minister Badr al-Busaidi, with International Atomic Energy Agency (IAEA) chief Rafael Grossi assisting on technical issues. “Over these long and very intensive hours, we made good progress and seriously examined the key elements of a potential agreement, both in the nuclear field and regarding sanctions,” Araghchi said. He said that the two sides could hold another round of talks ‘very soon, perhaps within the next week or so'. Outlining the next steps, he said that expert-level discussions will begin from Monday in Vienna, with assistance from IAEA experts, to chalk out a framework and format of an agreement that also aligns with Iran's ‘political demands’. Araghchi said that Iran had laid out ‘clearly’ its expectations regarding sanctions imposed by the US on Tehran. “What needs to happen have been clearly stated on our part. It has been agreed that in the next session, we will delve into this discussion in more detail,” he added. Al-Busaidi took to X and said that ‘significant progress’ had been made during the negotiations and that the next round could resume ‘soon after consultation in the respective capitals’. The discussions are taking place against a tense backdrop, with Washington increasing its military footprint near Iran’s borders and threatening military action if the talks fail to produce an agreement."