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NTD News Today

'Persepolis' Author Marjane Satrapi Dies at 56

NTD Newsroom comprises teams of reporters, editors, and producers assigned to cover breaking news and other stories.


NTD Newsroom

New Zealand Lawmakers Get China Ban Over Taiwan Visit

Nevada and Arizona Strike Deal for More Colorado River Water

Candles Lit in Windows of US Consulate in Hong Kong

Andrew Thomas is a reporter for NTD News primarily covering business, the economy, and technology. 

Andrew Thomas

Tulsi Gabbard Says Husband Underwent Successful Surgery

UN Peacekeeper Killed in Southern Lebanon

Daniel Monaghan is a reporter for NTD News covering culture, social issues, and education. He holds a BA in Political Science and Government.

Daniel Monaghan

Finnish MP Warns Canada Over Hate Speech Legislation

Rubio Hosts Kuwaiti Foreign Minister After Iranian Strike Targets Airport

Duffy Calls for Atlanta Train System Investigation

Reuters is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages.

Reuters

US News

Ohio State University Reaches $100 Million Settlement With Nearly 300 Sex Abuse Survivors

Kevin Hogan is an NTD News data reporter and national correspondent based at the network's global headquarters in New York City. Kevin covers breaking news, as well as U.S. and global current events. He conveys the news through data visualizations and investigates pressing issues.

Kevin Hogan

NTD News Today Full Broadcast (June 4)

Stefania Cox is an NTD News anchor and national correspondent based at the network's global headquarters in New York City. Stefania anchors "NTD Newsroom," and co-anchors "NTD News Today" weekdays at 10:00 am ET.

Stefania Cox

NTD News Today Full Broadcast (June 3)

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The Associated Press is an American not-for-profit news agency headquartered in New York City. 

The Associated Press

State News

California

More Than 17,000 Under Evacuation Orders as Southern California Wildfire Threatens Homes

Rudy Blalock is a Southern California-based daily news reporter for NTD. Originally from Michigan, he moved to California in 2017 and the sunshine and ocean have kept him here since. In his free time, he may be found underwater scuba diving, on top of a mountain hiking or snowboarding, or at home meditating—which helps fuel his active lifestyle.

Rudy Blalock

40,000 Ordered to Evacuate as Chemical Tank Leaks, Threatens Explosion in California

Video of US Fighter Jet Shooting Down UFO Over Lake Huron Emerges in New Pentagon Files

Ryan Morgan is a reporter for The Epoch Times focusing on military and foreign affairs. He was previously a news writer for NTD. 


Ryan Morgan

Mari Otsu is NTD's White House correspondent based in Washington. 

Mari Otsu

World News

Middle East

Iran

3 US Warships Fend Off Iranian Attacks, Trump Says Ceasefire Still Holds

US Government Sues Chick-fil-A Over Religious Rights

Mary Man is a writer for NTD. She has traveled around the world covering China, international news, and arts and culture.

Mary Man

China News

Epoch Times Obtains Over 2,000 Unseen Tiananmen Square Photos on 37th Anniversary of the June 4th Massacre

Sports News

Kyle Busch, Two-Time NASCAR Champion, Dies at 41

Haika Mrema

Medical Plane Crash in New Mexico Mountains Kills 4, Sparks Wildfire

California Mayor Resigns, Will Plead Guilty to Acting as Chinese Agent

Trump Calls Iran's Response to Latest US Ceasefire Proposal 'Totally Unacceptable'

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."

Andrew Moran

Paramount Skydance <a href="https://ir.paramount.com/news-releases/news-release-details/paramount-amends-its-superior-30-share-all-cash-offer-warner" target="_blank" rel="nofollow noopener">amended</a> its offer to buy Warner Bros. Discovery on Dec. 22, guaranteeing backing from Oracle billionaire Larry Ellison.

Following questions raised by the Warner Bros. Discovery (WBD) board of directors, the studio said in a statement that Larry Ellison, the father of Paramount CEO David Ellison, would support the acquisition.

This month, Paramount presented WBD with an all-cash $30-per-share bid valuing the entertainment empire, including its portfolio of television networks, at $108.4 billion.

But Samuel Di Piazza Jr., chair of the WBD board of directors, <a href="https://www.theepochtimes.com/business/warner-bros-board-urges-shareholders-to-reject-paramount-hostile-takeover-bid-5959383">called</a> it “inadequate, with significant risks and costs” compared to Netflix’s proposal.

Streaming giant Netflix <a href="https://www.theepochtimes.com/business/netflix-to-acquire-warner-bros-entertainment-assets-in-72-billion-deal-5954189" target="_blank" rel="nofollow noopener">said</a> earlier this month that it would acquire the entertainment empire in a cash-and-stock transaction of $27.75 per share—cash: $23.25 a share; stock: $4.50 per share—giving the deal a total equity value of $72 billion.

In an interview with CNBC’s “Squawk Box” on Dec. 17, Di Piazza said that the board would have preferred more involvement from Larry Ellison.

“Larry Ellison has agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount,” Paramount said in a <a href="https://ir.paramount.com/news-releases/news-release-details/paramount-amends-its-superior-30-share-all-cash-offer-warner" target="_blank" rel="nofollow noopener">statement</a>.

“Mr. Ellison has agreed not to revoke the Ellison family trust (which has been operating for nearly 40 years as a counterparty to numerous transactions) or adversely transfer its assets during the pendency of the transaction.”

Additionally, Paramount is releasing records confirming that the Ellison family trust holds approximately 1.16 billion shares of Oracle common stock and that all material liabilities associated with the trust have been publicly disclosed.
<h2>Staring Down Regulatory Roadblocks</h2>
The company is also increasing its regulatory termination fee to $5.8 billion from the initial $5 billion.

For weeks, there have been widespread concerns that a Netflix–Warner Bros. merger would not endure regulatory scrutiny, with President Donald Trump and lawmakers having already weighed in.

“[Netflix has] a very big market share, and when they have Warner Bros., you know, that share goes up a lot. But it is a big market share. There’s no question. It could be a problem,” Trump <a href="https://www.theepochtimes.com/us/trump-says-he-will-be-involved-in-netflix-warner-bros-deal-review-5955100" target="_blank" rel="nofollow noopener">told</a> reporters on Dec. 7.

Sen. Elizabeth Warren (D-Mass.) described it as an “anti-monopoly nightmare.”

If approved, it would combine the world’s largest streaming platform with the third-largest, with Netflix folding Warner Bros. film studio and HBO streaming service into its ecosystem.

“Paramount has repeatedly demonstrated its commitment to acquiring WBD,” David Ellison said.

“Because of our commitment to investment and growth, our acquisition will be superior for all WBD stakeholders, as a catalyst for greater content production, greater theatrical output, and more consumer choice.

“We expect the board of directors of WBD to take the necessary steps to secure this value-enhancing transaction and preserve and strengthen an iconic Hollywood treasure for the future.”

Paramount extended the expiration of its offer to Jan. 21, 2026.

Shares of Warner Bros. rose by almost 4 percent in pre-market trading. Netflix and Paramount rose by about 3 percent and 0.4 percent, respectively.

Market watchers, including Paul Meeks, head of technology research at Freedom Capital Markets, have been hesitant to support Netflix’s pursuit of Warner Bros.

“NFLX, please run from the Warner Bros Discovery deal!” Meeks said in a note emailed to The Epoch Times.

Still, if Netflix can purchase the iconic film and television studio, the merger would provide cost-conscious consumers with high-value options, according to Erick Clark, CIO at Accuvest.

“They have great data to support whether this acquisition would be additive to the business vs organic content spend,” he said in a note emailed to The Epoch Times.

“Two-thirds of the consumer base is struggling with inflation—Netflix offers one of the highest value entertainment per dollar spent of any entertainment category. That gives them plenty of pricing power.”

Evgenia Filimianova contributed to this report.

From <a href="https://www.theepochtimes.com/business/paramount-updates-warner-bros-offer-affirms-ellison-family-backing-5961429">The Epoch Times</a>

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Paramount Updates Warner Bros. Offer, Affirms Ellison Family Backing

Alice Tang

Paul Greaney is an NTD news anchor and producer. Since joining the company in 2018, he has anchored the station’s flagship Evening News broadcast, launched the NTD Business show, and produced documentary reports on pointed issues. 

The highlight of Paul’s time in the field was his coverage of the Hong Kong pro-democracy protests in 2019.

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Steve Lance is NTD's Washington D.C. Bureau Chief and chief political correspondent. Steve anchors NTD's "Capitol Report," a political news show based in the nation's capital aimed at providing a direct channel to the voices and people who shape policy in America. Steve also co-moderates NTD's special election coverage "The Nation Decides."

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Tiffany Meier is an anchor, China news investigative reporter, and producer for NTD News based at the network's global headquarters in New York City. Tiffany anchors NTD's flagship shows "NTD Evening News" and "China in Focus" and co-moderates NTD's special election coverage "The Nation Decides." She produced the award-winning NTD Original documentary "Hollywood Takeover: China's Control in the Film Industry."


Tiffany Meier

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Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.