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On December 5, the entertainment world was rocked when Netflix and Warner Bros. announced a massive deal that set Netflix up to purchase the legendary Hollywood studio, creating one of the…
On today’s episode of “Daily Variety” podcast, Paramount Skydance goes hostile for Warner Bros. Discovery. Will David Ellison bust up WBD’s engagement to Netflix? And Variety’s Brent Lang…
“They have talent. They have talent. The great Gary Player, he hits shots. He’s 90 years old. He still plays good. Shot a 70 with me the other day. He’s 90. We’re playing pretty far back…
Paramount promised to release more than 30 films theatrically as the company launched its hostile takeover bid for Warner Bros. Discovery. In a call with press and investors on Monday, the…
Ted Sarandos scored a critical sit-down with President Donald Trump in the weeks leading up to Netflix‘s successful $82.7 billion agreement to buy Warner Bros. and HBO Max, according to…
When news broke that Netflix struck a deal to buy Warner Bros.’ streaming and studio businesses, the Hollywood internet immediately split into two camps: Those terrified of yet another…
Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.…
Ted Sarandos insisted that Netflix has no “opposition to movies in theaters” as the streamer said it “expects” to release Warner Bros. films theatrically if it completes its $82.7 billion…
Netflix has announced that it intends to buy legendary Hollywood studio Warner Bros. in a deal valued at approximately $82.7 billion. The deal, which must be approved by regulators, will…
It’s official: Netflix and Warner Bros. Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.…
The traditional TV business is in the midst of a major contraction as viewers shift to streaming Warner Bros Discovery has entered exclusive negotiations to sell its film and TV studios…
The deal will further tilt the power balance in Hollywood in favour of the streaming giant Netflix on Friday (Dec 5) agreed to buy Warner Bros Discovery’s TV, film studios and streaming…
Netflix has entered exclusive talks with Warner Bros. Discovery to acquire the company’s film and television studio, as well as the HBO Max streaming service, Variety confirms. The…
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing “grave concerns” about the alleged unfairness of WBD sales process. The attorneys…
Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s offer, part of…
Alphabet’s YouTube remains the country’s largest streaming platform by viewership Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce…
The second round of offers for all or part of Warner Bros. Discovery are in from Paramount Skydance, Netflix and Comcast. And the new, higher offer for all of WBD from David Ellison’s…
Warner Bros Discovery was fielding a second round of bids on Monday (Dec 1), including a mostly cash offer from Netflix, in an auction that could wrap up in the coming days or weeks,…
Steve Spira is resigning his post as business affairs chief at Warner Bros.’ motion picture group. This was the second tour of duty for the 40-year veteran of the studio, who first came to…
Warner Bros Discovery, the parent of HBO and CNN, has asked potential buyers to submit new, sweetened offers after receiving an initial round of bids, sources familiar with the matter…
Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a legal battle between the two companies. Suno allows…
Warner Music Group has settled its infringement lawsuit against AI music generation platform Suno. The news was confirmed Tuesday with WMG becoming the first of the major record labels to…
The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio Warner Bros Discovery has received preliminary bids for the media company from…
Somewhere, Robert Pietranton is smiling and spinning his favorite tune, Bruce Springsteen’s “Walk Like a Man” from the “Tunnel of Love” album. The beloved and well-respected communications…
