Netflix Inc. co-Chief Executive Officers Greg Peters and Ted Sarandos tried to reassure employees' concerns about the company's bid for much of Warner Bros. Discovery Inc., reiterating that there is no business overlap and therefore won't be any studio closures. "This is going to be a complex process over the next year or so," the executives said in a letter posted to the company's internal blog and published in a securities filing.
According to sources, ServiceNow is in advanced negotiations to acquire cybersecurity company Armis. The latter focuses primarily on exposure management. The deal could be worth up to $7 billion and may be announced within the next few days. Bloomberg reported last Saturday that ServiceNow is in talks with Armis about an acquisition that would be the largest in the company's history. Two weeks ago, ServiceNow announced the acquisition of data security platform Veza for reportedly more than $1 billion.
The potential deal - which S4 says would be structured as an acquisition of MSQ by S4 Capital rather than a takeover of S4 - comes after a bruising period for the group. S4's share price has fallen more than 90% from its peak only a few years ago. The current market capitalization sits at around £140m, a fraction of the multibillion pound valuation it once enjoyed.
Antin is a European infrastructure investor with offices in Paris, London, and New York. The company focuses on investments in sectors such as digital infrastructure, energy, transportation, and social services. In the digital domain, Antin has previously invested in data center and connectivity companies in various European countries, including a regional data center platform in the United Kingdom. This has given the company experience in scaling up colocation and network services within regulated and competitive markets.
The 65-year-old executive has long been one of the media's highest-paid leaders, taking home a compensation package of $51.9 million in 2024 alone-even as the company weathered layoffs and strategy turmoil. And earlier this year, Zaslav signed a new contract packed with more stock options that could exceed $420 million in value, with the ultimate payout influenced by whether Netflix's $27.75-per-share cash-and-stock bid or Paramount's hostile $30-per-share cash offer wins out.
The long battle over control of Warner Bros. Discovery took another turn Monday when Paramount Skydance announced a hostile bid for the entertainment giant, following Warner's acceptance of a competing offer from Netflix last week. Paramount, which many once deemed the frontrunner in the original bidding war, announced a tender offer that tops the Netflix bid by $2.25 per share, appealing directly to shareholders. That adds another layer of complexity to the deal, which will see a significant consolidation of Hollywood's power players, no matter who ends up on top.
Sir Martin Sorrell is Founder and Executive Chairman of S4 Capital plc, the tech led, new age / new era digital advertising and marketing services company for global, multinational, regional and local clients, and millennial-driven influencer brands. Sir Martin was Founder and CEO of WPP for 33 years, building it from a £1 million 'shell' company in 1985 into the world's largest advertising and marketing services company.
If the S&P 500 finishes the day at a record, it would mark the latest time the U.S. stock market has powered past what appeared to be a debilitating set of worries. Most recently, those concerns centered on what the Federal Reserve will do with interest rates, whether too many dollars are flowing into artificial-intelligence technology, and if sharp drops for cryptocurrencies would bleed over into other markets.