Bloomberg News Now December 30, 2025: Warner Brothers to Reject Paramount Bid, UN 2026 Budget Decided, More
Dec 31, 2025
Lucas Shaw and Tom Busby discuss Warner Brothers Discovery's decision to reject a takeover bid from Paramount Skydance, highlighting internal board concerns. Heather Connolly provides analysis on a covert U.S. strike in Venezuela, revealing political implications and congressional debates. The United Nations' approval of a budget cut, resulting in over 2,900 job losses, is also covered, reflecting a significant financial crisis. Meanwhile, Air China confirms a major order of 60 Airbus A320neos amidst ongoing supply chain challenges.
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Deal Clash Over Cable Network Value
- Warner Brothers Discovery plans to reject Paramount Skydance's amended takeover bid after finding it inferior to Netflix's offer.
- Lucas Shaw says the dispute centers on how much value each side assigns to Warner's cable networks like TNT.
UN Cuts 7% Amid Financial Shortfall
- The U.N. cut its administrative and operational budget by 7% and will eliminate 2,900 positions to address a financial crisis.
- The cuts respond in part to the U.S. withholding payments, forcing the U.N. to tighten costs.
Covert Strike Raises Congressional Questions
- President Trump disclosed a covert U.S. strike on a Venezuelan facility, escalating pressure on Nicolás Maduro's regime.
- Heather Connolly says Congress will demand authorization and explanations for the administration's justifications.