Feeling the need for speed? Good news, Top Gun and Top Gun: Maverick are set to return to theaters this May. Paramount Pictures has announced a limited theatrical re-release of the films to mark the 40th anniversary of the original film. The screenings are set for May...
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.
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.
In a plot twist worthy of a Hollywood thriller, the high-stakes battle for Warner Bros. Discovery has exploded into open conflict. What was supposed to be a tight but orderly auction has now turned into a full-blown corporate war — and according to sources cited in the New York Post, the team behind Paramount Skydance is furious over Warner’s decision to sell to Netflix.
Netflix’s first-glance victory in the Warner Bros. Discovery auction is not just a colossal entertainment deal, it’s also a supposed, decisive defeat for the Ellison family’s ambitions to take control of CNN. Ultimately, the Netflix acquisition of WBD (not yet final and with major hurdles to go), may be a giant political battle over the future of entertainment.
In a development that could reshape the entire entertainment landscape, Netflix has reportedly won the bidding war for Warner Bros. Discovery, triggering immediate backlash from Paramount and raising the specter of enormous regulatory scrutiny in the United States and abroad. A Deadline report confirmed that Netflix submitted the highest bid — around $28 per share, mostly in cash — and is now entering exclusive deal talks with WBD.
In a stunning escalation to the ongoing bidding war, the standoff over the WBD empire has officially gone public—and ugly. A blistering memo sent by Paramount claims the entire sales structure has been “tilted” away from their offer, raising the stakes on the Warner Bros. sale and calling it unfair. And now, with quotes, counter-quotes, and leaks flying across the entertainment press, the battle to claim one of Hollywood’s oldest studios is transforming into a corporate soap opera worthy of HBO itself.
As the Paramount Warner Bros. bidding war nears its conclusion, a new report suggests the Ellison-led Paramount Skydance bid is nowhere close to surrendering — even if Warner Bros. Discovery ultimately leans toward Netflix.
Variety has published yet another report asserting that Paramount Skydance’s latest all-cash bid for Warner Bros. Discovery is backed by Middle Eastern sovereign wealth funds, including Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s ADIA. The timing is striking—not only because the Warner Bros. bidding war is heating up, but because Paramount already blasted this exact story last month.
In a twist nobody had on their Hollywood bingo card, Rush Hour 4 is finally happening — and yes, it’s the Rush Hour 4 President Trump reportedly pushed for behind the scenes.
The race for Warner Bros. is officially entering its next—and most chaotic—phase. According to multiple industry outlets, Warner Bros. Discovery has now told potential buyers to submit a second round of bids by Monday, signaling that the first offers weren’t big enough and the studio wants stronger offers before narrowing the field.
As the future of Warner Bros. hangs in the balance, filmmaker James Cameron has weighed in with unusually sharp clarity — and his comments leave no mystery about where he stands when it comes to WB, Paramount, and Netflix.
A new report from Semafor says President Donald Trump has been personally encouraging billionaire Larry Ellison (and his son David Ellison) to revive the Rush Hour movie franchise at Paramount — the popular buddy-cop series starring Jackie Chan and Chris Tucker.