Paramount has found the man who will lead its latest attempt to turn G.I. Joe back into a major theatrical franchise.
Paramount has found the man who will lead its latest attempt to turn G.I. Joe back into a major theatrical franchise.
The Paramount WB bidding war is rapidly devolving from a high-stakes corporate auction into an open confrontation, as Paramount Skydance and the Ellison family weigh legal action against Warner Bros. Discovery over its decision to favor a Netflix-backed deal.
Bari Weiss’ decision to pull a 60 Minutes segment became a flashpoint inside CBS News this week after the network’s editor-in-chief defended her decision to axe the story. This triggered internal dissent, public criticism, and renewed debate over newsroom standards and political pressure.
Paramount has officially canceled the theatrical release of The Legend of Aang, opting instead to debut the long-gestating animated feature exclusively on Paramount+. The move marks a significant reversal for the studio and adds to growing questions about Paramount’s theatrical strategy moving into 2026.
A major WBD Shareholder is signaling that the latest Paramount attempt to win over investors still hasn’t cleared the bar, even after sweetening its proposal with new financial guarantees and revised terms.
Warner Bros. Discovery (WBD) has advised investors to take no action as it reviews the latest Paramount takeover proposal.
Warner Bros. Discovery CEO David Zaslav pushed back against a proposed compensation package tied to the initial Paramount bid for the company, calling the discussions “inappropriate,” according to a newly disclosed SEC filing. The revelation adds another layer of controversy to the increasingly hostile battle for one of Hollywood’s most powerful media empires.
Jared Kushner’s Affinity Partners exited its role as a financial backer of Paramount Skydance’s aggressive bid for Warner Bros. Discovery. The news landed on the same info cycle as renewed public criticism from President Donald Trump aimed at Paramount’s new Ellison-led ownership orbit: an overlap that reads less like coincidence and more like a pressure point in a rapidly politicizing megadeal environment.
The WB Paramount takeover battle is far from over, despite Warner Bros. Discovery’s board issuing a forceful public rejection of Paramount Skydance’s $30-per-share hostile bid.
The Netflix WB deal continues to send shockwaves through Hollywood, and now Netflix’s top executives are going on record to defend it. In a newly disclosed internal memo, Netflix co-CEOs Ted Sarandos and Greg Peters addressed employee concerns surrounding the company’s proposed acquisition of Warner Bros. studios, HBO, and HBO Max, insisting the deal represents “a win for the entertainment industry” rather than a death knell for Hollywood as critics have claimed.
In a Thursday morning interview with CNBC, Disney CEO Bob Iger was asked for his thoughts on the battle being waged for Warner Bros. Like everyone else, Iger is watching from the sidelines — but unlike most, he’s orchestrated major studio mergers himself.
The entertainment world woke up Tuesday to yet another twist in an already volatile week for Paramount. The official Paramount X account — with nearly 3.5 million followers — was hacked, briefly displaying a rewritten bio that declared the company a: “Proud arm of the fascist regime.”
The battle between Netflix and Paramount for control of Warner Bros. Discovery has entered its most dramatic phase yet, with both companies staking out sharply different narratives after Paramount Skydance launched a full hostile takeover bid. The move sent shockwaves through the industry, and now Netflix has formally responded — projecting confidence, stability, and a determination to push its Warner Bros. deal across the finish line.