PARAMOUNT LAUNCHES HOSTILE BID FOR WARNER BROS., COUNTERING NETFLIX’S $72 BILLION OFFER. (PHOTO).

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Paramount launches hostile bid for Warner Bros., countering Netflix’s $72 billion offer  Paramount has launched a hostile bid to acquire Warner Bros. Discovery, directly challenging Netflix just days after the streaming giant reached a $72 billion agreement to take over the company. In its announcement Monday, Paramount said it is bypassing Warner Bros. leadership and appealing directly to shareholders with a $30-per-share all-cash offer for the entire company, including the Global Networks division. The company urged investors to reject the Netflix deal, which remains subject to approval. Paramount argued that the Netflix proposal would drag shareholders into a lengthy and uncertain regulatory process across multiple countries, while also tying their financial future to what it described as a complicated mix of cash and stock. The company said it has spent the past 12 weeks submitting six separate proposals to Warner Bros. Discovery in an attempt to reach an agreement. Paramount C...
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SARAKI CELEBRATES KING SUNNY ADE @70 YESTERDAY.{READ}.

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Image result for king sunny ade                         Senate President Bukola Saraki took to his social media yesterday to celebrate with King Sunny Ade as he marks his 70th birthday.He wrote ''I am delighted to join millions across the world in celebrating King Sunny Ade as he marks his 70th birthday.He is one performer whose evergreen music livens up home s and daily make joyful thousands of music lovers across the world irrespective of creed or ethnicity.Fore more than five decades,KSA has dominated the music scene such that kids who were listening to his songs in the 70s are still listening to him now that they are leaders in the political and socio-economic sphere of our country.His highly captivating and philosophical lyrics are often irresistible as he renders them with his sonorous voice,accompanied with titillating dance steps,signature guitar tunes and other world class musical instruments.I dare say that ''King'' is a true gift of God to Nigeria and equally Nigeria's gift to the world.I salute his dexterity,excellence and inspirational musical career through which he continues to positively impact both present and upcoming generations as well as contributing immensely to nation building,'' he said.While wishing King Sunny Ade many more years of fruitful service to the fatherland,the Senate President urged the Federal Government to tailor some of its intervention measures in the entertainment industry towards encouraging budding talents capable of replicating the strides of one of the world's musical icon.
          

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