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Warner Bros Reportedly Rejects Initial Paramount Takeover Offer — But David Ellison Isn’t Done Yet

Warner Bros Reportedly Rejects Initial Paramount Takeover Offer — But David Ellison Isn’t Done Yet

Hollywood’s next great media merger may have just hit its first major snag. According to a detailed report from Bloomberg, Warner Bros. Discovery has officially rejected Paramount Skydance’s initial offer to purchase the company — a bold move that signals confidence from Warner’s leadership and a potential bidding war ahead.

Tron: Ares Flops Hard in Opening Weekend Box Office as Trades Try to Blame Anything But Quality for Failure

Tron: Ares Flops Hard in Opening Weekend Box Office as Trades Try to Blame Anything But Quality for Failure

Disney’s long-awaited Tron: Ares has officially crashed on entry to the weekend box office. Despite heavy promotion and years of anticipation, the sci-fi sequel opened to just $33.5 million domestically and $60.5 million worldwide, according to AP News and Entertainment Weekly. For a film carrying a reported $180 million budget (which some outlets claims actually reached heights of over $200 million), those are alarming numbers.