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Warner Bros. Discovery said Tuesday that it was reopening talks with Paramount Skydance, giving the studio a week to rival Netflix in its bid to take over the streaming and cable giant.

In a statement, Warner Bros. Discovery said it had rejected the latest $30-a-share offer from Paramount but would give the company until Monday ‘to make its best and final offer.’

It also said a ‘senior representative’ of Paramount had indicated that the CBS owner would be willing to meet an even higher price, $31 a share, seemingly enticing the board back to the table.

At the same time, Warner Bros. is still recommending its shareholders vote at a special meeting March 20 to approve the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to Netflix.

Paramount is seeking to buy the entirety of Warner Bros. Discovery.

‘Every step of the way, we have provided [Paramount Skydance] with clear direction on the deficiencies in their offers and opportunities to address them,’ David Zaslav, CEO of Warner Bros. Discovery, said in the statement.

In a letter to the Paramount board — chaired by David Ellison, also the company’s CEO and controlling shareholder — Warner Bros. said that while Paramount had indicated it would address ‘unfavorable terms and conditions,’ these had not yet been removed from the proposed merger agreement.

Warner Bros. has repeatedly rejected previous bids from Paramount, citing the ‘insufficient value’ offered.

In a separate statement, Netflix hit out at what it called Paramount’s ‘antics.’

‘Throughout the robust and highly competitive strategic review process, Netflix has consistently taken a constructive, responsive approach with WBD, in stark contrast to Paramount Skydance,’ it said.

Netflix said that it was ‘confident that our transaction provides superior value and certainty’ but also recognized ‘the ongoing distraction for WBD stockholders and the broader entertainment industry caused by’ Paramount. The company said it granted Warner Bros. the one-week window to reopen talks with Paramount to ‘fully and finally resolve this matter.’

Netflix also took aim at the regulatory process required for either company to complete a takeover.

It said that Paramount has ‘repeatedly mischaracterized the regulatory review process by suggesting its proposal will sail through.’

‘WBD stockholders should not be misled into thinking that PSKY has an easier or faster path to regulatory approval — it does not,’ Netflix said.

In a statement, Paramount Skydance reiterated its existing offer to Warner Bros. Discovery of $30 per share. The company did not indicate if it would submit a higher bid.

Paramount called the one-week negotiating window ‘unusual’ but said it ‘is nonetheless prepared to engage in good faith and constructive discussions.’

The Ellison-backed media giant also said it would continue advocating against the Netflix deal and submit a slate of directors for Warner Bros.’ board at the upcoming shareholder meeting, as it previously planned to.

President Donald Trump, whose administration approved Ellison’s takeover of Paramount last year, said early in the bidding process he would be involved in approving a deal with Warner Bros.

But earlier this month, Trump changed his tune. ‘I’ve been called by both sides, it’s the two sides, but I’ve decided I shouldn’t be involved,’ he told ‘NBC Nightly News’ anchor Tom Llamas.

Trump still hinted that one company looked problematic to him. ‘I mean, there’s a theory that one of the companies is too big and it shouldn’t be allowed to do it,’ he said.

‘They’re beating the hell out of each other and there’ll be a winner,’ Trump said.

Warner Bros. has an archive of storied movies, as well as a diverse portfolio of brands including CNN and HBO.

The bidding war for the media empire comes at a pivotal time for the entertainment industry, with traditional broadcasters and studios facing serious challenges from digital newcomers Netflix, Apple and Amazon.

Since Netflix announced its deal to buy parts of Warner Bros. Discovery, its shares have tumbled nearly 25%.

This post appeared first on NBC NEWS

The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets.

CFTC Chairman Michael Selig said Tuesday in a video posted on X that the agency has filed a “friend of the court brief” in support of Crypto.com in its escalating legal battle with regulators in Nevada.

The move is significant because it marks the first time under Selig that the CFTC has taken sides in what is shaping up to be an epic fight between regulators and prediction markets, platforms that allow users to trade contracts tied to a wide range of events, from local elections to the Super Bowl.

By intervening, Selig’s CFTC is effectively arguing that prediction markets are federally regulated and not subject to state-level gambling laws.

“Over the past year, American prediction markets have been hit with an onslaught of state-led litigation,” Selig said in the video.

“The CFTC will no longer sit idly by while overzealous state governments undermine the agency’s exclusive jurisdiction over these markets by seeking to establish statewide prohibitions on these exciting products,’ said Selig.

The debate over how the platforms should be regulated comes as they explode in popularity. Kalshi said Super Bowl 60 generated more than $1 billion in total trading volume — a 2,700% increase from last year.

It’s a fight with broad implications and high stakes. Over the past year, several states including Massachusetts and Nevada have moved to restrict prediction markets, filing lawsuits, issuing cease-and-desist letters and arguing that the platforms amount to unlicensed gambling.

Utah’s Republican governor, Spencer Cox, said in a post on X Tuesday that he will use “every resource” within his disposal to “beat” Selig in court.

“These prediction markets you are breathlessly defending are gambling—pure and simple,” he said. “They are destroying the lives of families and countless Americans, especially young men. They have no place in Utah.”

Meanwhile, Cox’s fellow Republican, Sen. Bernie Moreno of Ohio, issued his support of Selig’s announcement on X. “Clear lines of delineation and clarity on regulations is essential for American led innovation,’ he said.

Selig’s move comes days after a group of Democratic senators led by Nevada’s Catherine Cortez Masto sent the chairman a letter urging the CFTC to ‘abstain from intervening in pending litigation involving contracts tied to sports, war, or other prohibited events.’

As states attempt to rein in these fast-growing platforms, the question is no longer simply whether these products amount to gambling. It’s who gets to decide that question.

Industry advocates argue that the platforms aren’t gaming, which is traditionally regulated by states. Instead, they claim the prediction markets are financial exchanges that fall under the CFTC’s purview, where users trade contracts with one another. and don’t bet against a “house.” The exchanges don’t set odds or take the opposite side of trades. Instead, they collect transaction fees, similar to a brokerage.

In the video, Selig said prediction markets allow Americans to “hedge commercial risks like increases in temperature and energy price spikes,” and they act as “an important check on our news media and our information screens.”

He ended the video with a warning directed at the state attorneys general who are on the front lines of the legal fights to regulate prediction markets: “To those who seek to challenge our authority in this space, let me be clear: We will see you in court.”

This post appeared first on NBC NEWS

However, the 37-year-old 3-point specialist isn’t feeding into that type of talk and says he hasn’t given any thought about it in his 17th season.

Curry told People Magazine that he’s ‘not really putting too much pressure on that.’

‘Thinking about the end robs you of the now,” Curry said. “I’m enjoying the journey of competing and all the work that goes into it. Hopefully that carries me a long way.”

He has shown zero signs of slowing down. Curry has averaged 27.2 points on 46.8/39.1/93.1 shooting splits in 39 games during the 2025-26 regular season.

However, he’s faced minor setbacks this season. Curry just recently missed the All-Star Game and the two previous games for the Warriors as he nurses soreness in his right knee.

The Warriors remain eighth in the Western Conference standings at 29-26. If the postseason began today, they would have a play-in game for the No. 7 playoff spot against the Phoenix Suns.

With the Warriors still hanging in contention and Curry as competitive as they come, there is no retirement in the near future.

‘I’ll declare itself, whenever the time comes to call it quits, which I don’t think is anytime soon,” Curry told People.

Curry was drafted by the Warriors with the seventh pick of the first round of the 2009 NBA Draft. He since has become a 12-time All-star, four-time NBA champion. two-time league MVP, a Finals MVP and an Olympic gold medalist.

He is arguably the greatest NBA 3-point shooter ever and was named to the NBA’s 75th anniversary team.

One thing’s for sure: He’s playing next season.

Curry signed a one-year, $62.59 million veteran contract extension with Golden State through the 2026-27 season.

He already has agreed to participate in the NBA 3-Point Contest during the 2027 NBA All-Star Weekend in Phoenix following a request from this year’s 3-point contest winner Damian Lillard.

Curry is the NBA’s all-time leader in 3-point shots made with 4,233.

This post appeared first on USA TODAY

Los Angeles Lakers center Deandre Ayton was briefly detained Tuesday, Feb. 17 at an airport in the Bahamas before being released, according to Ayton’s lawyer Devard Francis.

Francis said Ayton was detained on suspicion of being in possession of a ‘very small amount of marijuana’ while at Lynden Pindling International Airport in Nassau, Bahamas.

Ayton, a native of the Bahamas, last played for the Bahamian national team in 2024.

Francis said the marijuana had been in someone else’s bag, which led to a swift release of Ayton following a brief investigation.

‘The investigators saw that the actual very small amount of marijuana wasn’t in Deandre’s bag, but they still went through their investigations and he was released expeditiously,’ Francis told Reuters in a statement.

Players are no longer tested for marijuana and it has been removed from the banned substance list, according to the CBA regulations.

However, marijuana is illegal in the Bahamas.

Ayton, 27, in his first season with the Lakers has averaged 13.2 points, 8.5 rebounds and a block per game.

The Lakers’ next game is Friday, Feb. 20 at home against the Los Angeles Clippers following the All-Star break

This post appeared first on USA TODAY

LIVIGNO, Italy — The ones who know, they’ll talk about the words for a long time. Yet, if you didn’t know better – and let’s be honest, most of us would not – they’d sound like some complicated play call an NFL quarterback relays in the huddle:

Left nose butter triple cork 2160 safety.

In freestyle skiing, this is known by another term: Progression.

A new move. A trick so deliciously enticing that Team USA’s Mac Forehand raised both arms and stood with his mouth agape when he landed it cleanly, floored that he’d been able to pull it off at all, much less with an Olympic gold medal on the line. He’d never even practiced it before, he said afterward.

“The nose butter triple 21 has never been done before,” Forehand said. “It was the first night that it has been done – ever. Not even just in contests, I think. Ever.”

Um … ever?

That’s awfully good, right? Seriously, what could be better?

A right nose butter double bio 1620 safety, evidently.

So it was in a snowy freeski men’s big air at Livigno Snow Park. It was one for the ages, right down to the final instant. Norway’s Tormod Frostad one-upped Forehand’s 98.25, getting a 98.50 on his final run to pull ahead of Forehand for good and for gold, winning this stunning duel where neither posted a score worse than a 95 in three attempts.

Truly, neither deserved to lose.

“I think I’m just being biased because he’s American,” said teammate Troy Podmilsak, who barely missed the podium in fourth, “but I really wanted to see (Forehand) on the top spot. I thought maybe he did deserve the top spot. But, I mean, I’m not a judge. And I’m not trying to take anything away from Tormod, either. He skied great.”

Going by the scores, this was the best big air event freestyle skiing has experienced. The judges certainly thought so from their vantage points. Of the 36 scores awarded to the 12 finalists’ three runs, a whopping 15 were 90-plus.

Which was a little surprising, given what had come down in Livigno in the 48 hours leading up the event: Snow!

So much snow. Call it a foot, 18 inches even. The snow just kept falling, and that continued all the way through this event, which went on as planned on a day when everything else on Livigno’s Olympic schedule was postponed by the weather.

Once this big air event started? Outstanding.

Podmilsak was good enough to have a shot to win. He counted scores of 94.00 and 90.50. Fifth-place Konnor Ralph, another American, had a 91.50. Norway’s Birk Ruud, who finished eighth, opened with a 95.00.

The judges perhaps backed themselves into a corner by awarding so many high scores early.

There wasn’t much room to improve.

But wasn’t this the awesomeness you want from an Olympic competition? For the top contenders to push themselves and redefine the sport’s limits in order to win?

Forehand said it was “terrifying” to stand atop the ramp before his final attempt and plan a trick he’d never done before – no one else either. “You don’t really know how it’s going to work,” he said.

What Forehand did was special, and it’s easy to just look at numbers and see “2160” for him and “1620” for Frostad and assume Forehand’s should have been rated as more difficult, because he rotated more.

But, as Forehand explained, it isn’t that simple.

“His tricks aren’t a lot of rotating and a lot of spinning,” Forehand said of Frostad. “… But the way he does it and the approach on takeoff is so unique and so different. I don’t think anyone has ever done (his) two tricks, either, before. It’s cool to see that, and it’s good for our sport. We can only spin so much.”

“It’s the worst job to be a judge,” said Ralph, Forehand’s U.S. teammate. “… How do you decide what’s harder when you’ve never done anything?’

Reach sports columnist Gentry Estes at gestes@gannett.com and hang out with him on Bluesky @gentryestes.bsky.social

This post appeared first on USA TODAY

MILAN — Amber Glenn shared a message of optimism hours after her tough performance in the women’s short program that likely will keep her out of medal contention at the 2026 Winter Olympics.

‘The world has ended for me many times and yet tomorrow still comes,’ the post read. ‘Keep going.’

One of the highly touted members of the U.S. Blade Angels, Glenn was a medal contender in the women’s singles skating. She started strong in the short program strong with a triple Axel. However, she stepped out of her planned triple loop, which was ruled an invalid element and resulted in no points.

Getting no score on it was a crushing blow and Glenn was emotional as she left the ice, understanding what happened. She got a score of 67.39 and is in 13th place, essentially taking her out of the medal race.

After the event, Glenn didn’t speak to reporters, as skaters typically do after they receive their scores. Glenn still has the free skate, which takes place Thursday, Feb. 19.

This post appeared first on USA TODAY

The Women’s National Basketball Players Association (WNBPA) made concessions in its latest CBA proposal submitted to the WNBA, a person with knowledge of the situation told USA TODAY Sports. The person spoke on condition of anonymity because they’re not authorized to speak publicly about ongoing negotiations.

The source confirmed Tuesday the players’ union submitted a counterproposal in response to the WNBA’s Feb. 7 submission. In Tuesday’s proposal, the WNBPA requested 25% of gross revenue in the first year, increasing over the life of the agreement to an average of roughly 27.5%. The union also proposed a salary cap of less than $9.5M.

The latest revenue share percentage is less than the proposal in December, where players requested 30% of gross revenue. The WNBA is currently offering more than 70% of league and team net revenue. The league is also proposing a salary cap of $5.65 million per year, rising with league revenues.

In Tuesday’s proposal, the WNBPA also advocated for housing to continue in the early years of a player’s career. The union proposes that housing could be shed in later years of a contract and would be adjusted and phased out with players who make a certain amount of money on a multi-year fully guaranteed contract.

In the Feb. 7 proposal, the WNBA conceded team-provided housing. In the revised agreement, one-bedroom apartments would be available for players making the minimum salary. Additionally, two developmental players on each roster would be provided with studio apartments. The players’ union also voiced setting a standard for team facilities that would be codified in the new CBA, a person with knowledge of the situation told USA TODAY.

From the league’s perspective, the WNBA offer continues to include a maximum $1 million base salary, with a projected revenue-sharing component that raises players’ maximum total earnings to more than $1.3 million in 2026. The league’s maximum salary would grow to nearly $2 million over the life of the agreement, which would end in 2031. The minimum salary would be more than $250,000 and the average salary would be more than $530,000.

A person with knowledge of the situation told USA TODAY Sports there is still a sense of urgency from the players’ union. According to the person, the desire to play in 2026 remains, along with securing a transformational deal where the WNBPA ‘doesn’t negotiate against themselves.’ As the two sides continue to negotiate, the players’ union sent the league dates to meet in person, the person said.

The regular season is scheduled to start May 8. However, before that can happen, the Toronto Tempo and Portland Fire will have expansion drafts. Free agency and the 2026 WNBA draft also need to take place.

What’s more, WNBA players authorized the union executive committee to ‘call a strike when necessary’ in December.

‘I’m feeling better. I’m feeling like the owners are finally really acknowledging and being receptive of what we want and the players as well,’ WNBPA vice president Breanna Stewart said earlier this month.

‘I’m hoping we can get this thing done quickly so then we’re not late [to start the 2026 season]. That’s the thing. It’s like I’ve been telling them, is ― now that we’re a part of a revenue-shared model, you miss games, it’s less money. Not to say that we should submit and just say yes to any proposal that we don’t like, but this is a business now. This is how businesses go.’

This post appeared first on USA TODAY

Investor Insight

Silverco Mining offers imminent producer status and exceptional leverage to silver prices through an aggressive dual-track growth strategy in Mexico. With resources comprised of more than 85 percent silver, the company provides a direct conduit to silver-dominant cash flow, representing a significant valuation re-rating opportunity. The portfolio is anchored by the past-producing Cusi Mining Complex—which was operational as recently as 2023—and the transformational acquisition of the currently producing La Negra mine. This transition from developer to multi-asset producer is underpinned by a robust balance sheet and a management team with a proven institutional pedigree in mine execution and capital markets.

Overview

Silverco Mining (TSXV:SICO) is an operational-stage silver company focused on the Sierra Madre Occidental belt of Mexico. The company’s core technical strategy involves the optimization of the 100-percent-owned Cusi Mining Complex in Chihuahua, an 11,665-hectare district-scale land package. The asset is supported by institutional-grade infrastructure, including direct connection to the national power grid and paved road access, which drastically reduces the capital intensity of the production restart.

The company is executing a definitive shift toward mid-tier producer status through a binding agreement to acquire Nuevo Silver. This transaction provides Silverco with control over the La Negra mine in Querétaro, an asset that is currently producing and provides immediate top-line revenue. By combining the near-term restart of the Cusi 1,200 tpd mill with the existing production at La Negra, Silverco is bypasssing the traditional multi-year development cycle typically associated with junior miners. This ‘buy-and-build’ approach is led by a technical team with specific expertise in Mexican epithermal vein systems and complex underground mine engineering.

Company Highlights

  • The $62.5 million upsized bought deal financing (closing Q1 2026) and Eric Sprott’s $10 million lead order provide cornerstone validation from a legendary mining investor and the necessary liquidity to fast-track production restarts.
  • The updated Mineral Resource Estimate of 41.2 million ounces of silver equivalent (AgEq) in the Measured and Indicated category establishes a high-confidence geological foundation at Cusi, supporting long-term mine planning.
  • The dual-track growth strategy involving the Cusi restart and the Nuevo Silver/La Negra acquisition provides immediate production scale and a diversified cash-flow profile across two distinct Mexican mining jurisdictions.
  • Pure-play silver exposure with significant de-risking is achieved via the 1,200 tonne-per-day (tpd) Cusi mill, which was producing as recently as 2023, ensuring that surface infrastructure is ‘warm’ and capable of a rapid return to service.
  • Imminent exploration catalysts exist following the completion of a 15,000-metre drill program at Cusi; results are currently pending and are expected to define high-grade extensions at the San Miguel vein.

Key Project: Cusi Mining Complex

The Cusi Mining Complex is a fully permitted, underground silver-lead-zinc-gold operation. Historically, the project has been a silver-pure play, with approximately 85% of revenue derived from silver. Located 135 kilometres west of Chihuahua City, the complex consists of multiple historic mines and a centralized processing facility.

January 2026 Mineral Resource Estimate

Category

Tonnes (M)

Grade (g/t AgEq)

Contained Metal (M oz AgEq)

Measured & Indicated

4.89

262

41.2

Inferred

4.07

243

31.8

Development Status

The current operational focus is the completion of technical and financial milestones required to return the 1,200 tpd mill to full capacity. Silverco recently concluded a 15,000-metre diamond drilling campaign targeting the San Miguel vein and downthrown structural extensions.

Final results from this program are pending and will be integrated into optimized mine restart studies. The company is prioritizing high-grade resource growth and operational optimization to maximize margins in the current silver price environment.

Management & Board

Leadership Team

Mark Ayranto – President, CEO, and Director

Mark Ayranto is a seasoned mining executive with extensive experience in the full life cycle of mine development, from initial advancement through to operational execution.

Sean Fallis – CFO

Sean Fallis is a CPA, CA with a background in senior financial leadership across NYSE, Nasdaq, and TSX-listed firms, specializing in large-scale M&A and corporate finance.

Nico Harvey – Vice-president, Project Development

Nico Harvey is a mining engineer providing technical oversight for both underground and open-pit operations, with a focus on mine planning and project optimization.

Carlos Beltran – Exploration Manager

Carlos Beltran is a specialist in Mexican epithermal systems whose career includes significant involvement in major silver-gold discoveries and resource expansions.

Aaron Ramirez – Administration Manager

Aaron Ramirez manages supply chain and logistics with nearly 20 years of experience supporting international mining operations within Mexico.

Board of Directors

Ricardo Trejo – Project Manager

Ricardo Trejo has over 20 years of experience in management, engineering and operations at multiple mine sites across Mexico. He was most recently the head of mining operations and engineering at Coeur’s Palmarejo

Gary Brown – Director

Gary Brown brings elite institutional credibility as the former CFO of Wheaton Precious Metals for 17 years, where he oversaw the company’s transition into a global precious metals powerhouse.

Gregg Bush – Director

Gregg Bush is a metallurgical engineer with 40 years of experience in international M&A, feasibility studies, and the engineering of large-scale mining infrastructure.

Tim Sorensen – Director

Tim Sorensen is an institutional equity specialist with 25 years in the mining sector; currently the CEO of TSCG Capital, a mining-focused merchant bank.

This post appeared first on investingnews.com

Sigma Lithium (TSXV:SGML,NASDAQ:SGML) has secured another large-scale sale of high-purity lithium fines and activated a production-backed revolving credit facility as it ramps up operations in Brazil.

The lithium producer announced it has agreed to sell 150,000 metric tons (MT) of high-purity lithium fines containing 1 percent lithium oxide at a net final price of US$140 per MT upon warehouse delivery at the port of Vitória.

The buyer has the option to purchase a further 350,000 MT at market prices.

Sigma, which refers to the high-purity fines as a low-grade product, said the optional volumes provide flexibility to respond to market conditions and customer requirements.

According to the company, the sale of its low-grade product could generate proceeds equivalent to the sale of 70,000 MT of its high-grade lithium oxide concentrate. Sigma attributes the marketability of the fines to the processing technology at its Greentech plant, which uses dense media separation and dry stacking.

According to the São Paulo-based company, clients have achieved up to 60 percent recovery when reprocessing the material, producing lithium concentrate with over 4 percent lithium oxide content.

That higher-grade concentrate is currently priced at about US$1,370 per MT on average by Shanghai Metals Market.

“Our sequential sales of the Low Grade Product show how this material can generate recurring value, demonstrating its marketability,” said Marina Bernardini, Sigma vice president of business development. “Continuous demand for the Low Grade Product has supported the creation of an additional revenue stream for the Company.”

The February 13 agreement follows Sigma’s January sale of 100,000 MT of high-purity lithium fines.

At the time, the company reiterated that mining remobilization was proceeding as planned and pushed back against what it described as inaccurate media reports regarding an administrative process related to waste piles.

Alongside the new sale, Sigma confirmed that the resumption of production of its high-grade lithium oxide concentrate has triggered the start of pre-payments under a US$96 million revolving facility.

The unsecured binding agreement, signed with what the company describes as a leading company in the battery materials supply chain, calls for the delivery of 70,500 MT of high-grade concentrate in 2026.

Under the terms, fixed pre-payments of US$8 million are made 30 days prior to production and delivery to the port of Vitória. The first pre-payment was disbursed on January 13.

Each pre-payment carries interest at SOFR plus 1 percent for 30 days until final sale upon delivery. Pricing for each shipment is tied to prevailing spot market prices for high-grade lithium concentrate, as reflected in major industry indexes.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com