AU URGES DE-ESCALATION AS FIGHTING DISPLACES OVER 180,000 IN SOUTH SUDAN’S JONGLEI STATE. (PHOTO).

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 AU urges de-escalation as fighting displaces over 180,000 in South Sudan’s Jonglei state The Chairperson of the African Union Commission called for immediate de-escalation and strict adherence to South Sudan’s 2018 peace agreement, as renewed fighting in Jonglei State displaced more than 180,000 people and raised fears of further civilian harm. In a statement, African Union Commission Chairperson Mahmoud Ali Youssouf said he was deeply concerned by the deteriorating security situation in parts of the country, particularly Jonglei, where escalating violence and inflammatory rhetoric have put civilians—including women and children—at heightened risk. South Sudanese authorities estimate the number of displaced in Jonglei at more than 180,000, the United Nations humanitarian agency OCHA said last week. He urged all parties to exercise maximum restraint, de-escalate tensions immediately, and comply fully with the permanent ceasefire and power-sharing arrangements under the agreement, T...
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PARAMOUNT, COMCAST, AND NETFLIX PLACE BIDS FOR WARNER BROS. DISCOVERY . (PHOTO).

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 Paramount, Comcast, and Netflix place bids for Warner Bros. Discovery 

Hollywood’s corporate battle is heating up as Paramount, Comcast, and Netflix submit bids to acquire all or part of Warner Bros. Discovery, setting the stage for a high-stakes showdown in the media world. The move comes as WBD, home to Warner Bros. Pictures and HBO Max, seeks to maximize shareholder value amid a challenging environment for traditional media companies. The company had previously indicated it might pursue a split separating its streaming and studio assets from its cable networks, but a takeover bid could potentially offer even greater returns.

Paramount is aiming for the full company, including cable channels such as CNN and TBS, while Netflix and Comcast are targeting only WBD’s streaming and studio divisions. Paramount would need to raise funds to support its offer, having previously submitted a cash and stock bid of $23.50 per share, below WBD board expectations of near $30. Comcast would similarly rely on debt financing, while Netflix, valued at $449 billion, faces no such financial hurdles. Regulators could scrutinize the deals, particularly over potential studio consolidation, but precedent from previous media mergers suggests obstacles may be manageable. WBD’s board is expected to decide by year’s end whether to accept a bid or continue with its planned split, leaving the future of one of Hollywood’s largest media empires in the balance.


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