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Mark Ruffalo has shared his thoughts on James Cameron‘s letter in opposition to Netflix buying Warner Bros. Discovery, with the filmmaker instead sharing support for Paramount to acquire the company. “So… the next question to Mr Cameron should be this… ‘Are you also against the monopolization that a Paramount acquisition would create? Or is it…
HBO Max’s highly anticipated Harry Potter series, coming to the streamer in 2027, will be “the streaming event of the decade,” maybe even the biggest event in streaming history, JB Perrette, CEO and president of global streaming & games at Warner Bros. Discovery said in London on Monday. “We can’t wait for this global streaming…
HBO Max staked its claim on a big chunk of Europe on Tuesday, launching in both Germany and Italy, two of Europe’s biggest territories, as well as handful of smaller countries, including Austria, Switzerland, Greece, Israel, Luxembourg and Liechtenstein. Ahead of the rollout, HBO signed multiyear carriage deals with Amazon’s Prime Video deal that will…
“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…
Adrienne O’Hara has been appointed to head communications at Discovery Global. O’Hara takes on the newly created role of EVP, chief communications and public affairs officer for the company as it prepares to become an independent, publicly traded organization following the planned separation from Warner Bros. She takes on the new role Jan. 7 and…
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,…
Jane Fonda put her own spin on Nicole Kidman’s iconic AMC Theatres ad — with a corporate twist. This week, the two-time Oscar winner shared a parody video of the beloved Kidman commercial that celebrates the moviegoing experience, this time spoofing on the Warners Bros. Discovery merger. “Come to this place for mergers. We stream…
Netflix, run by chairman Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, has agreed to buy Warner Bros. in a megadeal valued at $82.7 billion. The companies announced the deal early Friday, altering the course of the entertainment business. Netflix said that it expects to maintain the current operations of Warner Bros. “including theatrical…
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….
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…