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PBS News Hour - Segments

News Wrap: Paramount Skydance starts bidding war for Warner Bros. Discovery

PBS News Hour - Segments

PBS NewsHour

News, Daily News

41K Ratings

🗓️ 8 December 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

In our news wrap Monday, Paramount Skydance launched a hostile all-cash offer directly to Warner Bros. Discovery shareholders just days after a deal was formed with Netflix, President Trump's former personal lawyer resigned as acting U.S. attorney in New Jersey, Syria marks one year since a rebel uprising toppled dictator Bashar al-Assad and some students abducted in Nigeria were freed. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Transcript

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0:00.0

We start the day's other headlines with a brewing bidding war for Warner Brothers Discovery.

0:05.7

Paramount Skydance launched a hostile all-cash offer directly to the company's shareholders

0:10.9

valued at some $108 billion. It comes just days after Netflix agreed to a $72 billion deal

0:18.1

to buy the company's TV, movie studio, and streaming assets.

0:22.2

Paramount's counteroffer would buy those businesses plus CNN, among others.

0:27.1

Paramount is run by the Ellison family, which has close ties to President Trump.

0:31.5

And its offer includes financing from Affinity Partners, the investment firm run by Trump's son-in-law, Jared Kushner.

0:39.1

President Trump's former personal lawyer, Alina Haba, resigned today as acting U.S. attorney

0:44.5

in New Jersey.

0:45.7

Her announcement comes a week after an appeals court found she'd been serving in the role unlawfully.

0:51.0

In a social media post, Habba said she's stepping down, quote, to protect the stability

0:55.2

and integrity of the office which I love, adding, quote, but do not mistake compliance for surrender.

1:01.7

Haba says she'll remain with the Justice Department as a senior advisor to Attorney General Pam Bondi.

1:08.0

Late night host Jimmy Kimmel has signed a one-year contract extension with ABC. The comedian

1:14.2

was briefly suspended in September amid backlash over comments he made about the assassination

1:19.7

of conservative activist Charlie Kirk. Kimmel's current contract was due to expire next May,

1:25.6

meaning he's now due to stay on the air through May of

1:28.5

27.

1:30.8

Turning overseas now, Syria has been marking one year since a swift rebel uprising toppled

1:36.5

dictator Bashad al-Assad, ending decades of his family's iron-fisted rule.

1:41.4

Ah, al-Lapat!

1:42.4

Thousands of jubilant Syrians gathered in the capital city of Damascus, where officials

...

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