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Paramount · United StatesParamount Skydance launched a hostile bid worth $108.4 billion for Warner Bros Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.See the Story
Paramount Makes $108.4 Billion Hostile Bid for Warner After Losing Bidding War to Netflix
51% Center coverage: 317 sources

Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 178 sources

Stephen ColbertThe late move by Paramount Skydance after Netflix and Warner Bros. had already reached a deal raises many questions about regulatory approval and media consolidation.See the Story
Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount’s Hostile Bid
55% Left coverage: 11 sources