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Tuesday, February 24, 2026

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2 hours ago
News

Hegseth Reveals Pentagon Working on Release of UFO Files.

PULSE POINTS

❓WHAT HAPPENED: Secretary of War Pete Hegseth announced that the Department of War will fully comply with President Donald J. Trump’s executive order to release all government files on UFOs and extraterrestrial life.

👤WHO WAS INVOLVED: Secretary of War Pete Hegseth, President Trump, and Representatives Anna Paulina Luna (R-FL) and Eric Burlison (R-MO).

📍WHEN & WHERE: Monday, February 23, 2026, during the Department of War’s ‘Arsenal of Freedom’ tour event in Denver, Colorado.

💬KEY QUOTE: “We’re digging in. We’re going to be in full compliance with that executive order, eager to provide that for the President.” – Sec. Pete Hegseth

🎯IMPACT: The release of UFO-related files could provide unprecedented transparency and potentially reveal new truths about extraterrestrial phenomena.

IN FULL

Secretary of War Pete Hegseth has confirmed that the Department of War will comply with President Donald J. Trump’s Executive Order to release all government files related to UFOs and extraterrestrial life. Speaking at an ‘Arsenal of Freedom’ tour event in Denver, Colorado, on Monday, Sec. Hegseth stated, “We’re digging in. We’re going to be in full compliance with that executive order, eager to provide that for the President.”

Hegseth, who acknowledged the unprecedented nature of his role in this matter, said, “I did not have that on my bingo card at all.” He further explained that while the timeline for releasing the files remains unclear, the Department of War and other agencies are actively working to fulfill the directive. When pressed on whether he has knowledge of the existence of extraterrestrial life, Hegseth stated, “We’ll see. I get to do the review and find out along with all of you.”

Meanwhile, Representative Anna Paulina Luna (R-FL), chair of the House Oversight Committee’s Unidentified Anomalous Phenomena (UAP) task force, revealed that the declassified documents will be made available on the National Archives’ website. Meanwhile, Representative Eric Burlison (R-MO), who has been granted access to visit Area 51 and other alleged UFO-related sites, indicated that the Trump Administration is fully supporting the investigation into UAPs.

The National Pulse reported last week that President Trump’s order followed former President Barack Obama‘s controversial remarks suggesting government knowledge of extraterrestrial life during a podcast interview. In response, Trump criticized Obama, alleging that he had disclosed classified information. Trump stated, “I don’t know if they’re real or not. I can tell you he gave classified information. He made a big mistake.”

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15 minutes ago
News
Politics

Congressman Refuses to Resign Amid Allegations of Affair With Staffer Who Burned Herself Alive.

PULSE POINTS

❓WHAT HAPPENED: Representative Tony Gonzales (R-TX) is facing accusations of an affair with an aide who later died by suicide. Despite the release of explicit text messages allegedly exchanged between the two, the GOP lawmaker is refusing calls to resign.

👤WHO WAS INVOLVED: Rep. Tony Gonzales, former aide Regina Aviles, and several GOP lawmakers, including Reps. Chip Roy (R-TX), Lauren Boebert (R-CO), and Nancy Mace (R-SC).

📍WHEN & WHERE: Aviles died by suicide in September 2025, with the rumored affair exposed a month later. The allegations have become a central issue in the Texas Republican primary, which began early voting on February 17, 2026.

💬KEY QUOTE: “I will not resign. I work every day for the people of Texas. And there will be an opportunity for all the details and facts that come out.” – Tony Gonzales

🎯IMPACT: The scandal has intensified scrutiny on Gonzales ahead of his primary election and prompted calls for his resignation from fellow GOP lawmakers.

IN FULL

Representative Tony Gonzales (R-TX) declared on Tuesday that he will not resign amid allegations of an affair with his former aide, Regina Aviles, who died by suicide in September 2025. Gonzales, who is married with six children, has faced mounting pressure from fellow Republican lawmakers to step down, following the release of explicit text messages allegedly exchanged between him and Aviles.

“I will not resign. I work every day for the people of Texas. And there will be an opportunity for all the details and facts that come out. What you’ve seen is not all the facts,” Gonzales said on Capitol Hill after being turned away by staff in House Speaker Mike Johnson‘s (R-LA) office.

The alleged affair reportedly began in 2024, with text messages showing Gonzales pressuring Aviles for explicit photos and making sexual comments. In one exchange, Gonzales asked Aviles for a “sexy pic” and later inquired about her favorite sexual positions. Aviles, who had been his regional district director in Uvalde since 2021, reportedly confided in a friend about the affair, sharing text messages and expressing concern that her husband would discover the relationship.

Subsequently, Aviles’s husband reportedly discovered the affair in July 2025, leading to their separation and her subsequent depression. Aviles took her own life in September 2025 after dousing herself with gasoline and setting herself on fire. Her death was ruled a suicide, with an autopsy revealing she was intoxicated at the time.

Meanwhile, Gonzales has denied the allegations, calling earlier reports “untruthful,” but has not directly addressed the newly surfaced text messages—fellow GOP lawmakers, including Reps. Chip Roy (R-TX), Rep. Lauren Boebert (R-CO), and Rep. Nancy Mace (R-SC) have publicly called for Gonzales to step down. The revelations have cast a shadow over Gonzales’s re-election campaign, as he faces a primary challenge from Second Amendment activist and firearm manufacturer Brandon Herrera. Early voting for the Republican primary in Texas began on February 17, with the primary election set for March 3.

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55 minutes ago
Immigration

Trump Planning Executive Order to Make Banks Collect Citizenship Data: Report.

PULSE POINTS

❓WHAT HAPPENED: The Trump administration is considering an Executive Order requiring banks to gather citizenship information from customers.

👤WHO WAS INVOLVED: The Trump administration, U.S. banks, and Treasury Department’s Financial Crimes Enforcement Network (FinCEN).

📍WHEN & WHERE: Discussions are believed to be ongoing as of February 2026.

🎯IMPACT: The order would allow the Trump administration to open a new front in the financial sector as part of its ongoing efforts to deport millions of illegal immigrants unlawfully residing in the U.S.

IN FULL

President Donald J. Trump is considering a new Executive Order mandating that banks operating in the United States require citizenship documentation from customers. The order would allow the Trump administration to open a new front in the financial sector as part of its ongoing efforts to deport millions of illegal immigrants unlawfully residing in the U.S.

If enacted, banks would need to request additional documentation, such as passports, from both new and existing account holders. Currently, federal financial regulators do not require banks to specifically require citizenship information from customers banking in the U.S.

Under existing “know your customer” regulations, banks are already required to collect certain information to prevent money laundering and other crimes. However, these regulations do not typically involve sharing citizenship data with the government. At least one Trump White House official, speaking with The Wall Street Journal, emphasized that while discussions are taking place within the Treasury Department, no final decision has been made.

“Any reporting about potential policymaking that has not been officially announced by the White House is baseless speculation,” White House spokesman Kush Desai said regarding the possible presidential directive.

Should President Trump issue an Executive Order on the matter, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) would likely play a key role in implementing and overseeing the policy. Already, FinCEN administers federal laws related to anti-money laundering and counterterrorism financing. The National Pulse previously reported that the Trump administration directed FinCEN to begin a geographic targeting operation for the Minneapolis-St. Paul area, applying extra scrutiny to all businesses engaging in overseas money transfers, in the aftermath of allegations that the state’s Somali immigrant community engaged in billions of dollars of social services fraud.

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2 hours ago
Immigration

GOP Governor Breaks With Trump on Deportations, Defends Cheap Haitian Labor.

PULSE POINTS

❓WHAT HAPPENED: Ohio Governor Mike DeWine (R) is criticizing President Donald J. Trump’s decision to end Temporary Protected Status (TPS) for Haitians, while defending his state government’s support for importing cheap immigrant labor.

👤WHO WAS INVOLVED: Gov. DeWine, President Trump, Haitian migrants, and Springfield employers.

📍WHEN & WHERE: Sunday, February 22, 2026, during an appearance on CBS’s Face the Nation.

💬KEY QUOTE: “Springfield is an industrial city, manufacturing city that was down. It has been coming back. And frankly, one of the reasons it’s coming back is because of the Haitians who are working there.” – Governor Mike DeWine

🎯IMPACT: The influx of Haitian labor has driven down wages, increased housing costs, and placed strain on welfare systems in Springfield, Ohio.

IN FULL

Ohio Governor Mike DeWine (R) appeared on CBS’s Face the Nation on Sunday to defend the importation of cheap immigrant labor and criticize President Donald J. Trump’s decision to end Temporary Protected Status (TPS) for Haitians. DeWine argued that Haitians have played a key role in supposedly revitalizing Springfield, Ohio, by working manufacturing jobs that he claimed could not be filled otherwise.

“Springfield is an industrial city, manufacturing city that was down. It has been coming back. And frankly, one of the reasons it’s coming back is because of the Haitians who are working there,” DeWine said, adding, “These are people who, if you talk to the employers, they were filling jobs that were not being able to be filled in any other way.”

The Republican governor went on to criticize President Trump for ending TPS for Haitians last summer. “So, if one day that TPS is taken away, no employer can hire them anymore, and you’ll have all these people who are unemployed. So, I think the policy there is wrong,” DeWine stated.

However, census data paints a less optimistic picture of Springfield’s economic situation after the influx of Haitian immigrants. The town’s poverty rate stands at 23.06 percent, with a median household income of $47,143—both figures significantly worse than Ohio’s state averages. Housing costs have also risen sharply since 2020, with home values increasing by more than 50 percent and rents rising due to limited inventory.

Notably, the TPS designation has allowed up to 15,000 Haitians in Springfield to access welfare programs, including the Supplemental Nutrition Assistance Program (SNAP), Medicaid, and Temporary Assistance for Needy Families (TANF), adding to the tax burden for residents. Additionally, the Springfield school district has enrolled approximately 1,500 Haitian children, requiring the hiring of teachers fluent in Haitian Creole. The Ohio Department of Job and Family Services noted that over 5,200 aid applications for Haitians were approved last year.

The National Pulse reported earlier this month that U.S. District Court Judge Ana Reyes, appointed by former President Joe Biden, issued a ruling temporarily halting the Trump administration’s effort to end the TPS designation for approximately 350,000 Haitian nationals. Judge Reyes, a Harvard-educated Uruguayan immigrant, admitted that the TPS statute limits judicial review of the substantive decisions on country designations, but argued she could intervene regardless to examine whether the administrative process followed proper procedures.

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3 hours ago
Immigration

The DOJ is Suing This State Over Sanctuary Expansion, ICE Restrictions.

PULSE POINTS

❓WHAT HAPPENED: The U.S. Department of Justice (DOJ) filed a lawsuit against New Jersey over its sanctuary policies, challenging an executive order that blocks federal immigration enforcement in certain state facilities.

👤WHO WAS INVOLVED: The DOJ, Attorney General Pamela Bondi, New Jersey Governor Mikie Sherrill (D), and U.S. Immigration and Customs Enforcement (ICE).

📍WHEN & WHERE: The lawsuit was filed Monday, targeting New Jersey’s Executive Order No. 12.

💬KEY QUOTE: “Federal agents are risking their lives to keep New Jersey citizens safe, and yet New Jersey’s leaders are enacting policies designed to obstruct and endanger law enforcement,” said Attorney General Pamela Bondi.

🎯IMPACT: The lawsuit highlights the DOJ’s ongoing efforts to combat sanctuary policies, which it argues endanger public safety and obstruct federal immigration enforcement.

IN FULL

The U.S. Department of Justice (DOJ) is suing New Jersey after Governor Mikie Sherrill (D-NJ) signed an order expanding the state’s  sanctuary policies, prohibiting U.S. Immigration and Customs Enforcement (ICE) and other federal immigration officials from conducting secure arrests of criminal illegal aliens within nonpublic areas of state property. Of particular concern to the DOJ is that Gov. Sherrill’s executive order extends to state correctional facilities, making the enforcement of immigration detainers especially difficult.

“On its face, the Executive Order prevents federal immigration agents from using state-owned property accessible to local and state law enforcement,” the DOJ lawsuit states, continuing, “The sole reason for the exclusionary treatment of federal immigration agents enforcing our Nation’s federal immigration laws is New Jersey’s disagreement with the substance of the laws written by Congress that have remained on the books and largely unchanged for half a century.”

Meanwhile, U.S. Attorney General Pam Bondi blasted the New Jersey Democrat governor, stating, “Federal agents are risking their lives to keep New Jersey citizens safe, and yet New Jersey’s leaders are enacting policies designed to obstruct and endanger law enforcement.” She added, “States may not deliberately interfere with our efforts to remove illegal aliens and arrest criminals —New Jersey’s sanctuary policies will not stand.”

The lawsuit alleges that the executive order unlawfully restricts cooperation with federal authorities and results in the release of “dangerous criminals” from police custody who would otherwise be subject to removal. According to the complaint, these individuals include illegal immigrants convicted of aggravated assault, burglary, and drug and human trafficking offenses.

New Jersey is the latest state to face federal litigation filed by the Trump administration over its sanctuary policies. Previously, the DOJ has filed lawsuits against New York, Minnesota, and the city of Los Angeles.

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4 hours ago
Crime

How U.S. Intel Aided Operation to to Take Out ‘El Mencho’ in Mexico:

PULSE POINTS

❓WHAT HAPPENED: Mexican soldiers killed Jalisco New Generation Cartel (CJNG) cartel boss Nemesio “El Mencho” Oseguera Cervantes in a raid on his hideout, following a tip-off involving one of his romantic partners.

👤WHO WAS INVOLVED: Mexican military forces, El Mencho and his security detail, and U.S. intelligence support.

📍WHEN & WHERE: The raid occurred on Sunday in Tapalpa, Jalisco state, Mexico.

🎯IMPACT: The operation led to widespread retaliatory violence, with over 70 deaths, major disruptions, and increased security deployments.

IN FULL

The capture and subsequent death of Jalisco New Generation Cartel (CJNG) leader Nemesio “El Mencho” Oseguera Cervantes at the hands of the Mexican military on Sunday came—in part—through a tip provided by one of El Mencho’s romantic partners. According to Mexican military officials, the tip—along with United States intelligence support—allowed for the woman to be tracked to a wooded area near Tapalpa in the state of Jalisco, where El Mencho had established a safe house.

After confirming the cartel leader’s location, Mexican special forces launched an assault, resulting in the deaths of El Mencho and at least eight other cartel members after a fierce firefight. El Mencho was one of the most wanted drug lords by both the Mexican and U.S. governments, largely due to the cartel’s role in trafficking fentanyl into the United States.

General Ricardo Trevilla, Mexico’s defense minister, highlighted the importance of surprise in the operation, with some troops positioned along Jalisco’s state border to avoid detection. El Mencho’s bodyguards engaged the soldiers, and the cartel leader fled with his inner circle to nearby cabins before being apprehended. He and two others were gravely injured while being subdued and later died en route to Mexico City.

The death of El Mencho triggered significant retaliatory violence across 20 states, including Jalisco. Armed cartel supporters set vehicles and buildings ablaze, blocked roads, and disrupted daily life. Mexican authorities reported over 70 deaths during the operation and its aftermath, including 25 law enforcement officers. Additional security forces were deployed to stabilize the region.

U.S. intelligence reportedly supported the operation, providing a dossier on El Mencho to Mexican authorities. The CJNG, designated as a Foreign Terrorist Organization by U.S. President Donald J. Trump last year, has been a major target in efforts to combat drug trafficking.

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4 hours ago
News

NPR Claims DOJ Hid Trump-Linked Docs from Epstein Files Release.

PULSE POINTS

❓WHAT HAPPENED: NPR claims the Department of Justice (DOJ) has withheld some Jeffrey Epstein files related to allegations against President Donald J. Trump.

👤WHO WAS INVOLVED: President Trump, deceased child sex trafficker Jeffrey Epstein, Epstein accomplice Ghislaine Maxwell, and two accusers, alongside the DOJ and the Federal Bureau of Investigation (FBI).

📍WHEN & WHERE: Allegations date back to the 1980s and involve Epstein’s properties, with recent document reviews occurring in January and February 2025.

💬KEY QUOTE: “President Trump has done more for Epstein’s victims than anyone before him.” – White House spokeswoman Abigail Jackson

🎯IMPACT: The mishandling of the Epstein Files generally has led to bipartisan criticism of Attorney General Pam Bondi and the DOJ.

IN FULL

The Department of Justice (DOJ) has withheld or removed certain documents from the Epstein Files’ public database, NPR alleges. Despite the requirements of the Epstein Files Transparency Act for public disclosure, more than 50 pages—consisting of Federal Bureau of Investigation (FBI) interviews and notes related to allegations against President Donald J. Trump—are alleged to remain unavailable. NPR reached this conclusion after examining serial numbers, metadata, and other indicators in the Epstein files database.

The withheld or missing materials reportedly include accounts from accusers. One allegedly stated she was introduced to Trump by Epstein in the 1980s and alleged abuse occurred; FBI records show she was interviewed several times, though only a single interview appears in the accessible public files.

White House spokeswoman Abigail Jackson responded to NPR’s accusations by defending the President, saying, “Just as President Trump has said, he’s been totally exonerated on anything relating to Epstein,” adding that “by releasing thousands of pages of documents, cooperating with the House Oversight Committee’s subpoena request, signing the Epstein Files Transparency Act, and calling for more investigations into Epstein’s Democrat friends, President Trump has done more for Epstein’s victims than anyone before him.”

Jackson also highlighted the Democrats’ lack of action regarding their own ties to Epstein following his conviction.

The DOJ has drawn criticism over its management of the Epstein Files, including accusations of excessive or improper redactions. Attorney General Pam Bondi and Deputy Attorney General Todd Blanche told Congress in a letter that no materials were withheld or redacted due to political concerns, reputational issues, or embarrassment involving any public figures, and that redactions were instead focused on safeguarding sensitive details like victim privacy.

The DOJ has stated that its staff is working intensively to resolve issues and fully comply with legal requirements.

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5 hours ago
News

Judge REJECTS Motion to Disqualify Prosecutors in Charlie Kirk Assassination Case.

PULSE POINTS

❓WHAT HAPPENED: A defense motion to disqualify the Utah County Attorney’s Office from prosecuting Tyler Robinson was denied by Judge Tony Graf.

👤WHO WAS INVOLVED: Defendant Tyler Robinson, Judge Tony Graf, and the Utah County Attorney’s Office.

📍WHEN & WHERE: The hearing took place on Tuesday in Utah.

💬KEY QUOTE: “Because defendant has not established a factual basis for a finding of conflict of interest or an objective appearance of impropriety rising to constitutional concern, his motion is respectfully denied.” – Judge Tony Graf

🎯IMPACT: The Utah County Attorney’s Office will continue to prosecute the case against Tyler Robinson.

IN FULL

Utah Judge Tony Graf has denied a key motion brought by the defense team representing Tyler Robinson, who is accused of assassinating Turning Point USA (TPUSA) founder Charlie Kirk. The motion sought to disqualify the Utah County Attorney’s Office from prosecuting the case.

The defense argued that a conflict of interest existed because the daughter of one of the attorneys in the prosecutor’s office was present at the Utah college campus where the assassination occurred. They contended that this warranted disqualifying the entire office.

In his ruling, Judge Graf stated, “Defendant argues that high level prosecutor assigned to this case has a concurrent conflict of interest, and because no efforts were made to screen him, the entire office should be disqualified. Because defendant has not established a factual basis for a finding of conflict of interest or an objective appearance of impropriety rising to constitutional concern, his motion is respectfully denied.”

The assassination of Charlie Kirk occurred on September 10, 2025, when Kirk was speaking at a political event in the courtyard area of Utah Valley University. While addressing the crowd, Kirk was shot in the neck and later pronounced deceased at Timpanogos Regional Hospital. Robinson faces capital murder charges, with prosecutors seeking the death penalty.

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5 hours ago
Politics
World

France Denies U.S. Ambassador Government Access Following Summons No-Show.

PULSE POINTS

❓WHAT HAPPENED: France summoned U.S. Ambassador Charles Kushner over comments made by the Trump administration regarding the murder of conservative Catholic student Quentin Déranque, which France found objectionable. Kushner did not attend the meeting, and his government access has now been restricted.

👤WHO WAS INVOLVED: U.S. Ambassador Charles Kushner, French Foreign Minister Jean-Noël Barrot, and the Trump administration.

📍WHEN & WHERE: Events unfolded in Paris, France, with a summons issued Monday evening and responses on Tuesday.

💬KEY QUOTE: “It will, naturally, affect his capacity to exercise his mission in our country.” – Jean-Noël Barrot

🎯IMPACT: Kushner’s access to French officials has been suspended until he complies with the summons.

IN FULL

France’s Foreign Ministry summoned U.S. Ambassador Charles Kushner on Monday evening over comments made by the Trump administration regarding the murder of conservative Catholic student Quentin Déranque. French officials stated that Kushner did not attend the meeting, leading to criticism from French Foreign Minister Jean-Noël Barrot.

Barrot described Kushner’s absence as “a surprise” and said it violated diplomatic protocol. “It will, naturally, affect his capacity to exercise his mission in our country,” Barrot stated. He emphasized that an ambassador must have access to government officials to effectively perform their duties.

The U.S. Embassy in Paris has not commented on the matter despite requests from the media. Kushner’s access to French government officials will remain suspended until he complies with the summons, according to Barrot. “When these explanations have taken place, then the U.S. ambassador in France will, naturally, regain access to members of the French government,” he added.

The summons was prompted by a statement from the U.S. State Department‘s Counterterrorism Bureau, which highlighted the role of “violent radical leftism” in Deranque’s killing. “Reports, corroborated by the French Minister of the Interior, that Quentin Deranque was killed by left-wing militants, should concern us all. Violent radical leftism is on the rise and its role in Quentin Deranque’s death demonstrates the threat it poses to public safety. We will continue to monitor the situation and expect to see the perpetrators of violence brought to justice,” it said.

The U.S. Embassy in Paris posted the same statement in French, drawing objections from French officials who viewed it as interference in domestic matters. “We don’t accept that foreign countries can come and interfere, invite themselves, into the national political debate,” Barrot complained.

Déranque was providing informal protection for a protest organized by the right-wing feminist group Collectif Némésis outside Sciences Po Lyon, where a lecture by far-left Member of the European Parliament (MEP) Rima Hassan of La France Insoumise (France Unbowed/LFI) was taking place. The National Pulse reported earlier this month that French authorities had arrested four people in connection with the killing of Déranque, who died after suffering severe brain injuries.

According to local reporting, those detained include Jacques-Élie Favrot, a parliamentary assistant to radical leftist legislator Raphaël Arnault, and Adrian Besseyre, a former intern for Arnault.

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6 hours ago
Crime

Trans Porn Model Arrested for Stabbing Man Who Declined Sex.

PULSE POINTS

❓WHAT HAPPENED: A man reported being stabbed in his Miami Beach apartment after refusing to have sex with a transgender porn creator who was “not Jewish.”

👤WHO WAS INVOLVED: La’Rose Angel Sainte, a 30-year-old Atlanta-based transgender porn creator, and the victim, a male resident of Miami Beach.

📍WHEN & WHERE: Last Thursday night at approximately 9:30 PM at the Edwards Apartments, 953 Collins Ave., South Beach, Miami.

💬KEY QUOTE: The victim told police that Sainte said, “I’m about to crash out,” after grabbing a knife during the altercation.

🎯IMPACT: Sainte was arrested and is being held on a $1,650 bond at the Turner Guilford Knight Correctional Center.

IN FULL

Police in Miami Beach arrested La’Rose Angel Sainte, a 30-year-old transgender porn creator, last Thursday night after an altercation in which a man reported being stabbed. The incident occurred at approximately 9:30 PM at the Edwards Apartments on South Beach.

According to the Miami Beach Police Department (MBPD) arrest report, the victim told police he had invited Sainte to his apartment after meeting three weeks earlier. Upon Sainte’s arrival, the man stated that he would not engage in sexual activity because Sainte was “not Jewish.” This reportedly enraged Sainte, who then demanded car keys and money.

The victim said that as he walked toward the bathroom, Sainte pushed him, causing him to fall. Sainte allegedly punched him multiple times in the face. The victim left the apartment but returned after hearing that property had been damaged inside. Upon returning, Sainte reportedly grabbed a piece of glass from a broken mirror and stabbed the victim in the hand.

After fleeing the scene, Sainte was spotted entering an SUV by a drone operator. Police stopped the vehicle and took Sainte into custody. The victim also reported damage to two pairs of sunglasses, a mirror, and a refrigerator door handle. The arrest report notes that Sainte may have been intoxicated during the incident and allegedly stated, “I’m about to crash out,” while holding a weapon.

Sainte is being held at the Turner Guilford Knight Correctional Center on a $1,650 bond. Charges include felony aggravated battery and three misdemeanors.

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6 hours ago
News

Paramount Enhanced Offer for Warner Bros Under Consideration.

PULSE POINTS

❓WHAT HAPPENED: Warner Bros. Discovery is reviewing an enhanced bid from Paramount Skydance to acquire the company, while maintaining a merger agreement with Netflix.

👤WHO WAS INVOLVED: Warner Bros. Discovery, Paramount Skydance, Netflix, and their respective boards.

📍WHEN & WHERE: The announcement was made on Tuesday, with ongoing discussions between the companies.

💬KEY QUOTE: “This deal isn’t about efficiency. It isn’t about innovation. It isn’t even about competition. It’s about control—over content, over distribution, over culture, and over what Americans are allowed to see, hear, and believe.” — Former Congressman Matt Gaetz (R-FL) on Netflix’s planned merger with Warner Bros. Discovery

🎯IMPACT: The bidding war intensifies as Paramount Skydance aims to acquire all Warner Bros. Discovery assets, while Netflix focuses on its studio and streaming business.

IN FULL

Warner Bros. Discovery revealed on Tuesday that it is reviewing an enhanced bid from Paramount Skydance to acquire the entertainment giant. While the terms of the offer were not disclosed, Paramount Skydance is attempting to secure a deal that would outmaneuver Netflix, which previously struck a $27.75 per share merger agreement with Warner Bros. Discovery in December, valued at $82.7 billion.

“Following engagement with PSKY during the seven-day limited waiver period, we received a revised PSKY proposal to acquire WBD, which we are reviewing in consultation with our financial and legal advisors,” Warner Bros. Discovery said in a statement, adding, “We will update our shareholders following the Board’s review. The Netflix merger agreement remains in effect, and the Board continues to recommend in favor of the Netflix transaction.”

The latest bid from Paramount Skydance comes after Warner Bros. Discovery resumed talks with the company following its prior $30 per share offer. Paramount Skydance has argued that its proposal is financially superior and warned that Netflix’s bid could face U.S. antitrust challenges. The Netflix deal focuses solely on Warner Bros. Discovery’s studio and streaming business, while Paramount Skydance’s offer includes all of the company’s assets.

Warner Bros. Discovery owns a vast array of assets, including HBO, CNN, the Harry Potter franchise, and cable channels like Food Network, HGTV, TBS, and TNT. Former Congressman Matt Gaetz (R-FL) warned in The National Pulse in January that the Netflix-Warner Bros. Discovery merger “isn’t about efficiency. It isn’t about innovation. It isn’t even about competition. It’s about control—over content, over distribution, over culture, and over what Americans are allowed to see, hear, and believe.”

Notably, Netflix co-founder Reed Hastings is a Democrat mega-donor who backed several Never Trump political groups and Kamala Harris’s 2024 presidential campaign.

Image by Chris Yarzab.

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