Netflix stunned the entertainment world this week when it declined its bid for Warner Bros. Discovery, paving the way for Paramount Skydance to take ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were financially disciplined. Now reporting in Bloomberg offers more details about why Netflix executives […]
In a shocking twist after a months-long bidding war, Paramount has emerged as the apparent winner in the battle to acquire Warner Bros Discovery. Netflix, which withdrew from the deal this week, had hoped to land the film studio and its vast film library. Nearly a decade ago, Hollywood’s big six became the big five […]
Netflix rose more than 9% on Friday as investors cheered the decision to drop out of the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets.Netflix declined to match Paramount’s latest offer of $31 per share or increase its $27.75 per share offer for Warner […]
Through Candid Edwards January 17, 2026 The agreement formalizes an ongoing relationship between Rae’s Hoorae and Paramount. Issa Rae has signed a three-year film and television production deal with Paramount. Under the agreement, Rae will develop film and television projects through her production company, Hoorae Film & Television. The Paramount is run by David Ellison […]
STORY – Decline in the number of films produced, uncertain theatrical releases… As the two giants battle to take over the legendary studio, the American film industry is concerned about the damaging consequences of this takeover, whoever the big winner is. Left witnesses, the tired palm trees of Sunset Boulevard watch Hollywood tremble. Since the […]
Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance’s latest attempt to stop Warner Bros Discovery from selling its prized Hollywood assets to streaming giant Netflix.The guarantee, disclosed in a filing Monday, is aimed at addressing Warner Bros board doubts about Paramount’s financing and the lack of full support […]
The S&P 500 ended Tuesday’s session slightly lower as investors expected the Federal Reserve to strike a hawkish tone even if it cuts rates this week, while JPMorgan put the biggest brakes on the benchmark index after the largest U.S. bank warned of big spending ahead of 2026. The Fed began its two-day policy meeting […]
Topline Paramount Pictures’ account on X was apparently hacked on Tuesday Varietywith the biography “Proud Arm of the Fascist Regime,” amid the company’s bidding war with Netflix for control of Warner Bros. The account was apparently hacked on Tuesday afternoon. Photo by Mario Tama/Getty Images Key facts The account’s biography has since been changed back […]
Wondering what to watch on streaming? Every week, Mobile Syrup outlines some of the most notable new movies and TV shows. We typically focus on new content from Amazon’s Prime Video, Crave, Disney+ and Netflix, but other services such as Apple TV+ and Paramount+ will be mentioned when relevant. Premium video-on-demand (PVOD) platforms are also […]
Zuffa Boxing is the new professional boxing promotion formed by TKO and leading entertainment conglomerate VillagesWith leadership of UFC President and CEO Dana White; He Turki Alalshikh, chairman of the General Entertainment Authority and president of the Saudi boxing federation; Sela Managing Director and CEO Dr. Rakan Alharthy; and WWE President and TKO board member […]