The U.S. Department of Justice has stepped directly into the increasingly bitter legal fight over Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, siding with Paramount on a potentially enormous question: Should the states trying to stop the merger...
The Writers’ Guild of America (WGA) has officially stepped into the growing Hollywood power struggle, pledging to oppose any merger between Paramount Global and Warner Bros. Discovery (WBD).
We probably won’t be seeing Elizabeth Olsen in any Netflix-exclusive movies, as the actress recently told InStyle magazine that if a movie isn’t getting a theatrical release, she’ll pass on it.
“If a movie is made independently and only sells to a streamer, then fine. But I don’t want to make something where that’s the end-all,” she said.
When Disney purchased Lucasfilm in 2012 for $4.05 billion, George Lucas handed over more than just a company — he handed over his mythology to Disney CEO Bob Iger.
In a stunning revelation from The New York Times, Warner Bros. Discovery (WBD) reportedly turned down three separate acquisition offers from Paramount/Skydance, including one that would have made Warner Bros. CEO David Zaslav the co-CEO and co-chairman of a merged company. The final proposal—The most aggressive Paramount WB bid yet—offered an 87% premium over WBD’s share price prior to news of the talks breaking last month.
Netflix has once again made its position clear: it has no interest in buying Warner Bros. Discovery, even as Hollywood braces for another major wave of consolidation.
Warner Bros. Discovery (WBD) has turned down a second acquisition bid from Paramount Skydance. The updated bid—valued at roughly $24 per share, up from the initial $20 offer—was swiftly rejected by CEO David Zaslav, signaling that WBD isn’t looking for a quick sale.
Fans can now add another title to the long list of Star Wars projects that failed to launch. In an interview with the Associated Press, Adam Driver, who played Kylo Ren (later revealed to be Ben Solo) in the Star Wars sequels that started with The Force Awakens, said he and director Steven Soderbergh spent two years independently developing a Star Wars movie called The Hunt for Ben Solo before presenting it to Lucasfilm and Disney executives.
In an interview on The Playlist’s Bingeworthy podcast, director Andy Muschietti reflected on the poor reception to 2023’s The Flash, his DC Extended Universe (DCEU) movie and, unsurprisingly, blamed the fans and internet hate.
Warner Bros. Discovery may soon look very different from the company that merged just three years ago. In an internal email sent Monday morning, CEO David Zaslav confirmed to employees that the company’s board of directors has begun a formal process to evaluate a broad range of strategic options—including potential sales, mergers, or structural separations.
In a forceful public rebuke, Creative Artists Agency (CAA) has formally rejected OpenAI’s newly unveiled video-generation tool, Sora 2, warning that its adoption poses “serious and harmful risks” to the intellectual property of artists, performers, writers, and other creative professionals.
There’s a new report out of Deadline about how much money noted box office flop Tron: Ares will lose for Disney, but we’re afraid it may have “de-rezzed” the true statistics just a bit. Whereas Deadline is claiming the movie will lost $132M+ for The Walt Disney Company, the total could come all the way up to more than a quarter billion dollars. And the reason for it is a cute little smoke-and-mirrors accounting trick we’re excited to expose for you!
Disney has worn its share of very expensive bruises at the box office. Prior to the post-pandemic trend of losing money on major blockbusters, Disney would often react strongly to a public failure. John Carter and The Lone Ranger are the two canonical examples that triggered boardroom autopsies and strategy pivots.