Business
Warner Bros May Reopen Paramount Sale Talks After Amended Offer
Warner Bros. Discovery’s board is considering reopening sale talks with Paramount Skydance after receiving a revised takeover offer, according to a Bloomberg News report published Sunday.
The board has not made a final decision and could still move forward with its current agreement with Netflix.
The report, which cited people familiar with the matter, said board members are discussing whether Paramount’s updated proposal could lead to a stronger overall deal. Reuters could not immediately confirm the report, and the companies did not respond to requests for comment.
Warner Bros. agreed in December to sell its film studio and HBO Max streaming service to Netflix for $27.75 per share, CNBC reported. Soon after, Paramount launched a hostile bid, offering $30 per share in cash.
Last week, Paramount sweetened its proposal but did not increase the $30 per share price. Instead, it added new financial incentives.
The company offered shareholders a 25-cent-per-share quarterly “ticking fee” starting in 2027 if the deal has not closed by the end of 2026.
That fee could amount to about $650 million in cash per quarter until the transaction is completed.
Paramount Offers to Cover $2.8B Netflix Breakup Fee
Paramount also agreed to cover the $2.8 billion breakup fee Warner Bros. would owe Netflix if it walks away from their existing agreement.
According to the NY Post, Paramount said it would eliminate up to $1.5 billion in possible debt refinancing costs. Altogether, Paramount’s offer values the deal at about $108.4 billion, including debt.
Both Paramount and Netflix are interested in Warner Bros. for its strong film and television studios and its large content library.
The company owns popular franchises such as “Game of Thrones,” “Harry Potter,” and DC Comics heroes like Batman and Superman. These brands are seen as powerful drivers for streaming and global growth.
Activist investor Ancora Holdings, which has built a nearly $200 million stake in Warner Bros., recently said it plans to oppose the Netflix deal.
The firm argues the board did not fully engage with Paramount over its competing bid.
According to the sources, this is the first time Warner Bros.’ board has seriously weighed whether Paramount’s improved terms could produce a better outcome or encourage Netflix to revise its own offer.
Originally published on vcpost.com
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Affordable iPhones, Even Zero-Cost Options, and the Role of Lifeline in Closing the Digital Gap
Smartphones as Essential Infrastructure
Smartphone access is no longer convenient. It has become an essential infrastructure for work, healthcare, education, and everyday communication.
For many people, a smartphone is the primary way to access online services and stay connected. According to Pew Research Center, about 85% of U.S. adults own a smartphone, showing how widespread mobile technology has become.
However, the center also reveals that the ownership and device quality still lag among lower-income households. Among adults earning under $30,000 per year, smartphone ownership drops around 76%, and many rely on older or less capable devices.
This gap highlights an important reality:
The digital divide is shaped not only by monthly service costs, but also by access to affordable, capable smartphones that can support modern digital needs.
Affordability Gaps and the Lifeline Solution
Lower-income households are significantly more likely to rely on smartphones as their primary or only internet connection, often without access to home broadband. In these households, a single device may be responsible for multiple aspect ò their life, from earning livings to access to support programs.
Without affordable service and usable devices, these gateways have become limited. Dropped calls, incompatible apps, or slow performance can quickly turn into real-life barriers.
That is why the federal Lifeline program exists. To help reduce this gap by lowering monthly phone or internet costs for eligible households that meet program requirements. Specifically,
- Under the program, qualifying households may receive up to $9.25 per month toward phone or internet service, which can help offset ongoing connectivity expenses.
- For eligible households on Tribal lands, enhanced Lifeline support may be available, reflecting the additional connectivity challenges these communities often face.
From Lifeline Support to Real Smartphone Access
The government program itself does not distribute phones directly. Instead, licensed service providers use Lifeline-supported service to offer mobile access to applicants who are approved under program rules.
Depending on eligibility, location, and available inventory, some applicants may encounter smartphone offers described as a free iPhone government phone, reflecting provider-led programs that pair Lifeline-supported service with devices offered at low or no upfront cost.
In limited cases, providers may also offer iPhone models within the Lifeline framework, including free iPhone 11, subject to availability at the time of enrollment.
In this context, “free” refers to low or zero upfront device cost when combined with Lifeline-supported service, not a direct government giveaway.
Participating providers such as AirTalk Wireless assist with applications, service activation, and access to available devices, though models and terms vary and are never guaranteed.
Why Affordable Smartphones Matter Beyond Connectivity and How to Apply
For many lower-income users, smartphones are essential tools rather than optional devices. In fact, more than half of lower-income smartphone users say their phone is essential for accessing services and information.
Affordable smartphones support everyday needs such as:
- Job searching and employer communication
- Telehealth visits and prescription access
- School updates and family coordination
- Emergency alerts and civic information
Qualifying for Lifeline is typically based on income level or participation in certain government assistance programs. Households may qualify if:
- Their income falls within program limits or
- They participate in programs such as SNAP, Medicaid, SSI, or similar assistance initiatives.
Applying usually involves selecting a participating provider, submitting basic personal information, and verifying eligibility.
Once approved, applicants can choose from available service plans and device options offered by that provider, subject to location and inventory.
Moving Forward
Lifelines continue to play an important role in reducing affordability barriers to essential connectivity.
By lowering service costs and supporting access to affordable smartphones through participating providers, the program helps address persistent gaps in digital access.
When service support is paired with capable devices, it enables more people to participate fully in work, education, healthcare, and modern digital life.
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