RUSSIA LAUNCHES MASSIVE DRONE AND MISSILE BARRAGE ON UKRAINE, KILLING AT LEAST 18 CIVILIANS AND STRIKING KYIV AND MULTIPLE CITIES. (PHOTO).

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 Russia launches massive drone and missile barrage on Ukraine, killing at least 18 civilians and striking Kyiv and multiple cities  Russia carried out a large-scale overnight assault on Ukraine, launching hundreds of drones and dozens of missiles that killed at least 18 civilians and wounded more than 100 others across multiple cities, officials said Tuesday. The strikes hit Kyiv, Dnipro and other regions, with emergency crews working through destroyed residential buildings where some victims were trapped under rubble. In Dnipro, rescuers recovered the bodies of a 3-year-old child and a mother and her 8-year-old son, while officials reported 12 deaths in the city and six in Kyiv. The bombardment stretched from night into daylight, with explosions reported across wide areas of the country. Kyiv residents had been on alert for days after warnings of a major aerial attack, including advisories for foreign diplomats to leave the capital. Despite those warnings, most remained in pl...
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PARAMOUNT PLANNING BID TO ACQUIRE WARNER BROS. DISCOVERY . (PHOTO).

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 Paramount planning bid to acquire Warner Bros. Discovery 

Fresh off their acquisition of Paramount Global, the Ellison family is reportedly preparing a bid to purchase Warner Bros. Discovery, according to the Wall Street Journal. The proposed offer is expected to be a majority cash bid and would cover the entire company, including its well-known cable networks and its iconic movie studio. Warner Bros. Discovery previously announced its intention to split its television networks and its studios and streaming divisions into two separate companies by mid-2026, a move that could reshape the entertainment landscape.

Following the report, Warner Bros. Discovery shares surged more than 20% on Thursday, while Paramount stock saw an increase of over 8%. Paramount declined to provide a comment, and Warner Bros. Discovery has not yet responded to requests for comment. This development comes shortly after David Ellison’s Skydance Media finalized its $8 billion merger with Paramount in August, a deal that followed a lengthy FCC review. The two-step transaction involved Ellison acquiring Shari Redstone’s National Amusements, which holds 77.4% of Paramount’s Class A common stock and roughly 9.5% of its equity, before merging with the studio. The agreement included $2.4 billion for Redstone, $4.5 billion to non-NAI Paramount shareholders, and an additional $1.5 billion in new capital aimed at debt reduction and recapitalizing Paramount’s balance sheet.

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