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It's been confirmed that Netflix considered buying Disney, Marvel Studios, and Star Wars before ultimately shifting its focus to acquiring W
Y'know, just casually considering buying one of the largest entertainment corporations in the world.
The Flash star Ezra Miller reportedly has been driving armed, and wearing a bulletproof vest, paranoid that they're followed by the FBI and
Again, wasn't joking.
Paramount Skydance chief lawyer Makan Delrahim claimed Netflix is so worried about the prospect of competing with a merged Paramount-Warner
Ah yes, attacking the unions before the purchase was even completed, good choice.
A new report lays out to stunning number of jobs threatened by Paramount's acquisition of Warner Bros.
Oh, you mean the man who talked about how he was going to fire tons of people before he even won the bid, fired literal thousands of people when he took over Paramount leading to fear at WBD that he'd do the same, claimed that his getting WBD too would save jobs... only to then immediately turn on the unions when they started talking about potential job losses, MAY HAVE BEEN PLANNING TO FIRE PEOPLE TO SAVE MONEY?
The man who was actively lying to cinema chains by promising more films than he can deliver and intentionally misleading them about Netflix's own theatrical windows? Surely not.
Specifically, Saudi Arabia's PIF (public investment fund), L'Imad, an Abu Dhabi sovereign wealth fund, and a Qatar Investment Authority fund
The Democratic gubernatorial candidate tells THR he would support a lawsuit from the Attorney General to stop David Ellison from owning CNN.
Tom Steyer, the billionaire progressive currently running third in the seven-person gubernatorial race, says he would support a lawsuit against the merger brought by California Attorney General Rob Bonta (or any potential successor). He also said he would support stronger state legislation to restrict mergers of the size of Par-WBD in the future. One big reason? Free speech. “This is a right-wing takeover of media,” Steyer told The Hollywood Reporter on Tuesday of David Ellison and Paramount successfully winning the bid for WBD and its CNN jewel. “Just the continued attempt by the right-wing to control information. You know, when you’re trying to have a coup, the two things you control are the army and the TV stations,” Steyer added, seemingly also referring to President Trump’s military decisions in Iran and Venezuela without Congressional approval. “That’s what we’re seeing.” Steyer believes that if Ellison — who has made a number of public appearances with Trump including hosting a dinner party for the President last month — would be allowed to purchase CNN, the center-left network would become an abject mouthpiece for the President. “I am one of the people in this world who thought that Ted Turner was an ace — incredibly creative, incredibly forward thinking,” Steyer said, citing the recently deceased CNN founder. “And to take the news network that brought you the Iraq War and basically was the most trusted place in news, and turning it over to one of Donald Trump’s cronies — are you kidding?” He added, “It’s buying credibility when you have none. That’s all it is.”
For his part, Bonta has expressed concerns about the merger, saying in a letter back in February (when both Par and Netflix were in play as buyers) that “the proposed Warner Brothers transactions must receive a full and robust review, and California is taking a very close look. We are committed to fighting market consolidation that we find unlawful.” Bonta held a press briefing Monday in which he decried potential “higher prices, lower wages, fewer jobs, less quality, less choice,” echoing a grassroots movement that has also made that case in Hollywood. Bonta could have some leverage to extract concessions, but the track record of a state AG stopping a national media merger is thin indeed.
CBS News is taking another battering as a MAGA inclined outlet as 60 Minutes drops long time correspondent Sharyn Alfonsi & 100s of journos
Yeah, Paramount SAY that they intend for CNN to remain independent if the WBD deal completes, but considering how they're already punishing journalists working for CBS for publishing negative stories about the Trump administration (not firing, they've not renewed her contract for 60 Minutes and have ghosted her agent, effectively trying to force her to quit rather than proving her right by firing her) I doubt their claims will retain any truth to them.
Again, IF the deal completes, it looks shakier every day.
MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten
An article about how one of the main investors in Paramount's takeover of WBD is running into financial trouble due to a series of large investments in megastructure, entertainment and the like, and how a combination of the Iran War and increased economic uncertainty (in part due to a spike in the use of renewables in response to said war) has caused them to start walking back some of their prior deals.
Thus far they've only pulled out of backing a golfing tournament, remains to be seen if this will effect the Paramount-WBD absorption, but there's already been speculation that it likely will.
Amidst the U.S.'s military conflict with Iran, Hollywood dealmaking with money from the Middle East could get caught in the crosshairs.
