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Whether or not Netflix’s $82.6 billion acquisition of Warner Bros. goes through, the deal encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants. On the latest episode of the Equity podcast, Kirsten Korosec and I discussed the deal’s implications, both for Netflix and the larger Hollywood ecosystem. Kirsten…
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President…
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…
A film project centered around NBA superstar Kobe Bryant‘s journey to the Los Angeles Lakers has landed at Warner Bros., The Hollywood Reporter has confirmed. Alex Sohn and Gavin Johannsen penned the spec screenplay for With the 8th Pick, which tracks the high-stakes process that led to Bryant getting drafted into the NBA in 1996….
is undergoing some more changes as it heads into its 32nd season. The syndicated entertainment newsmagazine has parted ways with a number of staffers, The Hollywood Reporter has learned. It’s understood that these layoffs were part of an annual assessment of staff structure and production processes that show brass undertake before the start of each…
Warner Bros. Pictures is hoping to be blessed with a new feature based on A Christmas Carol. Robert Eggers is set to write and direct a movie adapting author Charles Dickens’ classic ghost story set at Christmas. Eggers will produce the project alongside Chris Columbus and Elenor Columbus for Maiden Voyage. The Hollywood Reporter exclusively…
With no new nationwide event pic on the marquee, Marvel Studios’ ensemble superhero pic easily stayed No. 1 in its second weekend. ‘Friendship’ makes plenty of pals at the specialty box office. If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and…
The teaser trailer for Weapons shows a number of children fleeing their homes in writer-director Zach Cregger‘s horror feature. Warner Bros. releases the film in theaters Aug. 8. The cast includes Josh Brolin, Julia Garner, Alden Ehrenreich, Austin Abrams, Cary Christopher, Benedict Wong and Amy Madigan. The multi-story narrative for Weapons centers on a small…
“A Minecraft Movie” isn’t just a hit — after three weekends in theaters, the film is estimated to have grossed $344 million domestically and $720 million worldwide. That makes it the biggest movie of an admittedly underwhelming year at the box office (so far), and the second biggest video game movie of all time. Coming…
There’s no slowing down A Minecraft Movie, which has jumped the $400 million mark at the global box office. By Sunday, that number should be north of $500 million as the watercooler sensation prepares to become the first title of 2025 to join the $1 billion club at the global box office. The Warner Bros….