January 7 – Warner Bros. Discovery’s board unanimously rejects Paramount Skydance’s revised bid, despite a $40.4 billion financing guarantee from Oracle co-founder Larry Ellison.
The move marks the latest chapter in the race for the property that includes Warner Bros.’s iconic film and TV studio and its vast library of films and television shows.
Here’s a timeline of Time Inc. and Warner Bros. from their founding to the company’s latest breakup and possible sale.
date event
1922 Time Inc. was founded by Henry Luce and
Briton Hayden will publish Time magazine, a
The weekly news publication that made the world
Matters accessible to the average reader.
The first issue of Time magazine was
Published March 1923.
1923 Warner Bros. was founded by the Harry brothers,
Albert, Sam and Jack Warner as a film studio
In Hollywood. It revolutionized cinema
Introduction of synchronized sound in
Movies.
1969 Kinney National Company, a group
Later moved into media, bought Warner Bros.
Bros-Seven Arts and its later closure
Non-media businesses.
1972 HBO is founded with the support of Charles Dolan.
From time. This was the first U.S. Was
Subscription-based cable networks, offering
Uncut, commercial-free movies and live
Sports, leading premium cable television.
1990 Time Inc. merges with Warner Communications
$14 billion deal hailed as a “marriage”
of content and delivery,” the creation of time
Warner, the largest media company at that time
World.
1996 Time Warner merges with Turner Broadcasting,
Acquiring Cartoon Network, CNN, TNT and more
Classic Film Library.
2000 Time Warner merges with AOL, creating AOL
Time Warner, the biggest merger in history
At that time, the goal was to merge traditional and
digital media.
2002 AOL Time Warner merger begins to unravel
AOL’s value fell with the launch of
SEC investigation, prompted by allegations
Accounting irregularities and overstatements
Revenue report on AOL.
2003 CEO Steve Case resigns from AOL Time Warner.
2004 Time Warner sells Warner Music to a private company
Equity Group led by Edgar Bronfman Jr.
$2.6 billion.
2009 Time Warner completely separates from Time Warner
The cable, which was already partially closed
Decommissioned in 2007, ending its role in cable
Distribution.
2009 Time Warner launches AOL.
2013 Time Warner releases its magazine Time
divisions, including time, people,
Fortune and Sports Illustrated, noting that
Formal withdrawal from publication.
2016 AT&T announces the acquisition of Time
Warner for $85 billion.
2018 AT&T completes the acquisition of Time
Warner is changing its name after regulatory approval.
This is WarnerMedia.
2021 AT&T announces it will spin off WarnerMedia
and merge it with Discovery Inc. to create a
New standalone media company.
2022 WarnerMedia and Discovery complete their work
Merger in $43 billion deal.
June 2025 Warner Bros. Discovery announces it
Two companies separated – one focusing
Whereas, on streaming and studio businesses
The second would be its cable TV properties.
October Warner Bros. Discovery’s board rejected
2025 Paramount Skydance offer for almost $60
billion, or $24 per share, a familiar source
with the case exclusively tells Reuters.
The company says it is considering the possibilities
The sale amid interest from several suitors.
November Axios reports that Warner Bros. Discovery
2025 board wants Paramount Skydance to be sweeter
Determining its value, a bid of $30 per share was made.
Company $74.34 billion.
November Warner Bros. Discovery receives initial
2025 buyout bids from Paramount Skydance, Comcast
and Netflix – who were asked to improve
His proposal.
December Warner Bros. Discovery takes second place
2025 round of bids, including mostly cash offers
From Netflix.
December Paramount Skydance accused Warner Bros.
2025 Discovery of running unfair sales process
Which favors Netflix over other bidders, CNBC
The report cited a letter sent by Nav
Merged media company.
December Exclusive talks are underway with Netflix
Buy Warner Bros. Discovery movie in 2025 and
Television studio with its streaming
Assets after offering $28 per share.
December Netflix agrees to buy Warner Bros.
2025 Discovery’s film and TV studios and
Streaming division for $72 billion, or
$27.75 per share.
December Paramount makes adverse bid for Skydance
2025 Warner Bros. Discovery Price Set
$108.4 billion or $30 per share.
December Warner Bros. Discovery’s board rejected
2025 Paramount Skydance’s Hostile $108.4 Billion
bid, saying it failed to provide adequate
Financing Assurance.
December Paramount Skydance amended its offer to buy
2025 Warner Bros. Discovery will include $40.4
Larry’s personal guarantee of billions
Alison.
January Warner Bros. Discovery rejects Paramount
2026 Skydance’s revised hostile bid despite Larry
Alison’s Guarantee.
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