KIM KARDASHIAN AWARDED SYMBOLIC 1 EURO IN DAMAGES OVER 2016 PARIS ROBBERY.(PHOTO).

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 Kim Kardashian Awarded Symbolic 1 Euro in Damages Over 2016 Paris Robbery A Paris court has officially awarded media mogul Kim Kardashian a symbolic 1 euro ($1.15) in damages following the infamous 2016 armed robbery in the French capital. The ruling marks a major milestone in the reality star's quest for closure after what she previously described as the most terrifying ordeal of her life. Accountability Over Compensation The nominal sum awarded to Kardashian is exactly what she had requested from the court. In a joint statement with her stylist, Simone Harouche who was also present during the heist and received a matching 1-euro award Kardashian emphasized that the legal battle was never about money. "The experience was deeply traumatic, and its impact has stayed with us. Today’s decision is not about the compensation, but about accountability and recognition," the pair said in a statement. They expressed their gratitude to the French justice system and noted their hop...

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


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 CEO David Ellison said the takeover would strengthen the broader entertainment industry by increasing competition and expanding theatrical output. He said consumers, creators, and movie theaters would all benefit from the combined company’s larger content budget and increased slate of films.

Netflix’s deal to purchase Warner Bros. Discovery, maker of the “Harry Potter” franchise and owner of HBO, was announced Friday. The agreement values Warner Bros. Discovery at $27.75 per share — an enterprise value of $82.7 billion including debt — and is expected to close within 12 to 18 months. Cable networks such as CNN and Discovery were previously carved out and are not included in the transaction.

President Donald Trump weighed in on Sunday, suggesting the Netflix-Warner deal “could be a problem” due to the potential size and influence of the combined media powerhouse.


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