While California Attorney General Rob Bonta and 11 other state attorneys general attempt to block Paramount’s proposed acquisition of Warner Bros. Discovery, the federal government has delivered another sign of approval.
While California Attorney General Rob Bonta and 11 other state attorneys general attempt to block Paramount’s proposed acquisition of Warner Bros. Discovery, the federal government has delivered another sign of approval.
A newly released Paramount SEC filing regarding its hostile takeover tender offer for WBD has ignited a firestorm around Warner Bros. Discovery’s handling of its proposed sale to Netflix. According to the document, Paramount submitted an improved $30-per-share all-cash offer on December 4th—an offer specifically crafted to address every concern WBD had previously raised. But the filing alleges something extraordinary: WBD’s board never responded. Not a counter. Not a question. Not even a courtesy acknowledgment.
“Wicked: For Good” has delivered a strong opening by any normal box office standard, but when measured against the explosive performance of 2024’s “Wicked,” the decline becomes clear almost immediately.
What David Ellison and Paramount did Monday morning — issuing a hostile takeover bid for Warner Bros. Discovery for $108 billion — sent shockwaves through the industry. Now that the dust has settled, analysts are working through how Paramount was able to make such a monumental all-cash offer.
With the success of Zootopia 2 this Thanksgiving, Jared Bush — Chief Creative Officer of Walt Disney Animation Studios — has given several interviews discussing the direction he sees for the studio following the release of the film which is circling $1 billion at the box office worldwide.
Paramount, led by David Ellison, isn’t giving up its bid to win Warner Bros. Late last week the Warner Bros. board announced it had accepted an $82.7 billion proposal from Netflix. It’s an offer Ellison tells shareholders is an “inferior proposal.” He has since launched an attempted hostile takeover after the historically brutal bidding war.
Four years after settling her lawsuit with Disney, Scarlett Johansson is looking back on the experience.
The Wicked: For Good box office has gone into a full collapse in its third weekend with a disastrous 72.9% drop.
For the last several weeks, social media has been buzzing with claims — and let’s be honest, fantasy fiction — that the Warner Bros. sale might result in the DC Snyderverse coming back. The idea spread quickly across fan communities, helped along by wishful thinking by entertainment news outlets and a handful of influencers who saw opportunity in the chaos. But now that the actual facts are on the table, it’s clearer than ever: this rumor never had a pulse.
Disney just delivered the kind of holiday-season thunderclap that studio executives dream about. After only two weekends in theaters, the Zootopia 2 box office total has rocketed to $915.8 million worldwide, placing the animated sequel within striking distance of the coveted $1 billion milestone far earlier than analysts expected. If current trends hold, the billion mark could fall within days, making Zootopia 2 one of the fastest animated titles in modern history to reach that benchmark.
President Trump has weighed in on the biggest entertainment deal in years—and his comments are already sending shockwaves through Wall Street, Washington, and Hollywood. Speaking on the red carpet at the Kennedy Center Honors, the president confirmed his meeting with Netflix co-CEO Ted Sarandos and said the proposed acquisition of Warner Bros. “will have to go through a process.” It’s the first major indication that the administration may not give Netflix an easy path toward swallowing one of the oldest studios in the world.
The Zootopia 2 box office is turning into one of the most surprising storylines of the holiday season, as the Disney animation film powers toward the vaunted $1 billion mark thanks to an extraordinary surge across Asian markets.
The Huntr/X trio, and Sony Animation, are at it again. With a sequel set for 2029 still years away, a new KPop Demon Hunters short has been revealed. According to a listing by the Motion Picture Association (MPA), a new animated short titled Debut: A KPop Demon Hunters Story has been rated PG, suggesting that it may be released soon.