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Paramount has upped its offer for Warner Bros. Discovery with a fee for shareholders and a promise to pay a $2.8 billion termination fee. Per a filing Tuesday, Paramount will continue to offer $30 a share to acquire Warner Bros. Discovery, but will now add a $0.25 per share “ticking fee,” which it will pay…
Paramount is keeping May spooky, and will release the next Paranormal Activity movie on May 21, 2027. The untitled feature is produced by franchise newcomer James Wan and directed by Ian Tuason, with plot details kept under wraps. This will be the eighth film in the franchise that began life with Oren Peli’s ultra low-budget,…
“Warner Bros. Discovery to review Larry Ellison’s offer to guarantee Paramount Skydance’s $78B takeover bid: sources” Warner Bros. Discovery’s board will review an offer from tech tycoon Larry Ellison to personally guarantee Paramount Skydance’s $78 billion hostile takeover bid – adding a fresh twist to a bidding war that has most recently favored Netflix, On…
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.” With the rejection official, Paramount will need to persuade WBD shareholders to tender their shares at that price,…
It was way too cold to break any sort of ground today. Especially the kind still covered by a few inches of snow, and especially on the waterfront property framing the Kill Van Kull, the tidal strait that separates Staten Island, New York and Bayonne, New Jersey — the future site of 1888 Studios. 1888…
In a deal that would dramatically change the entertainment industry, Netflix, led by Ted Sarandos and Greg Peters, is poised to win the battle for Warner Bros. Discovery‘s studios and HBO Max streaming business. Netflix is said to be in exclusive talks with the David Zaslav-led WBD after topping rival bids from Paramount and Comcast….
David Ellison’s Skydance-owned Paramount keeps scooping up talent. The latest? Wicked filmmaker Jon M. Chu. Chu on Wednesday signed a first-look three-year producing deal with Paramount Pictures and Paramount Television Studios. Under the deal, which takes effect Jan. 2, 2026, Chu and his production company will work to develop and produce feature film and television…
In what the partners described as a “landmark” deal, Paramount+ has become an official partner of English soccer club Arsenal. The partnership will see Arsenal players, club legends and supporters come together to celebrate some of the streamer’s big series, including Landman, starring Billy Bob Thornton, Demi Moore and Sam Elliott, and Guy Ritchie’s MobLand…
Billie Eilish‘s concert doc is headed to theaters. The singer posted Sunday night that the documentary that she made with director James Cameron will be released in theaters on March 20 via Paramount. The concert doc will be released in 3D and was made in partnership with Darkroom Records, Interscope Films and Lightstorm Entertainment. “HIT ME…
Thursday is the day when Warner Bros. Discovery will receive formal bids from potential acquirers. One of those bids is all but certain to come from Paramount, which under CEO David Ellison mostly replaced the creative executives running that company in favor of his own team. It’s the sort of news that could consume many…