Business
Netflix's potential acquisition of Warner Bros. Discovery ignites antitrust concerns
A potential merger between Netflix and Warner Bros. Discovery is setting off antitrust alarm bells in Washington. Source link
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Business
Amid Sales Review, Warner Bros. Discovery Clarifies That CEO David Zaslav’s Employment Agreement Will Let Him Retain Stock Options in the Event of a ‘Change in Control’
Warner Bros. Discovery is reassuring president and CEO David Zaslav and other top execs that they will still be able to keep their stock…
Business
Webtoon Entertainment, Warner Bros. Animation to Co-Produce Adaptations of 10 Popular Webcomics
Webtoon Entertainment will bring a batch of stories that originated on mobile phones to life as animated projects under a new deal with…
Celebrity
Cris Lacy Named Chair & President of Warner Records Nashville
In what is described as the latest move in the expansion of the Warner Records Group, Cris Lacy has been named chair & president of the…
Business
Comcast Taps Bankers to Explore Bid for Warner Bros. Discovery Assets
Comcast has taken a step closer to making an offer for parts of Warner Bros. Discovery — but not WBD in its entirety — with the retention…
Culture
Warner Bros. Discovery Swings to Q3 Loss, With ‘Superman’ Box Office Offset by Ad Declines
Warner Bros. Discovery has been telling investors it wants to split the company in two — and just produced some evidence that such a deal…
Business
Netflix ‘Actively Exploring’ Warner Bros. Discovery Bid, Hires Bank to Put Together M&A Offer (Report)
Could Netflix become the future home of the DC Universe’s Superman and Batman superhero films, the Harry Potter and Barbie film franchises…
Business
WGA Says Warner Bros. Merger Would Be a ‘Disaster’ for Writers
The Writers Guild of America came out swinging on Thursday against a merger between Warner Bros. and any other studio, saying such…
Business
Paramount Skydance is in the lead for the Warner Bros Discovery deal. Here’s why
David Ellison’s Paramount Skydance is seen as the top contender to buy Warner Bros Discovery, with analysts and experts saying the tech…
Business
What Happens if Paramount Acquires Warner Bros. Discovery? HBO Max-Paramount+ Combination, Huge Layoffs and More
Warner Bros. Discovery is officially on the block, disclosing that it has received interest from “multiple parties” to acquire all or part…
Celebrity
Adriana Barraza Joins Jonah Hill’s New Comedy ‘Cut Off’ at Warner Bros. (EXCLUSIVE)
Academy Award nominee Adriana Barraza has joined the cast of Jonah Hill’s upcoming Warner Bros. comedy “Cut Off,” Variety has learned…
Business
Warner Bros. Discovery confirms offers to buy all—or part—of the company
Warner Bros. Discovery, the parent company of CNN and HBO, announced Tuesday that it is up for sale after receiving unsolicited interest…
Business
Warner Bros. Discovery Says It Is Evaluating Acquisition Offers From ‘Multiple Parties’
Warner Bros. Discovery is reviewing “strategic alternatives” in light of “unsolicited interest” it has received from multiple parties for…
Celebrity
Warner Bros. Discovery Speaks Out Against Israeli Film Boycott: ‘Our Policies Prohibit Discrimination of Any Kind’ (EXCLUSIVE)
Warner Bros. Discovery has responded to a legal letter regarding calls for a boycott of Israeli film institutions, acknowledging such a…
Business
Spotify Partners With Sony, Universal, Warner and More to Develop AI Music Products
In a significant step towards interfacing with AI and its impact on the music industry, Spotify has partnered with the big three record…
Business
Warner Bros. Discovery Rejected Paramount Skydance Acquisition Offer of $20 per Share as Too Low (Report)
Warner Bros. Discovery rejected a takeover offer of “around” $20 per share from David Ellison’s Paramount Skydance in recent weeks as “too…
Business
Warner Bros said to rebuff Paramount takeover approach
Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach for being too low, according to people familiar with the…
Business
Park Circus Expands into France with Warner Classics Library, Unveils Gem-Studded Lumière Festival Slate (EXCLUSIVE)
U.K.-based repertory powerhouse Park Circus has secured French distribution of Warner Bros.’ classic film library, CEO Doug Davis…
Culture
‘Batman: Knightfall’ Animated Films Set at Warner Bros. Animation
A multi-part animated film adaptation of “Batman: Knightfall” is currently in production, Variety has learned. The announcement was made…
Business
Netflix Co-CEO Greg Peters, Asked if Company Is Interested in Buying Warner Bros. Discovery, Says ‘Big Media Mergers Don’t Have an Amazing Track Record’
Will Netflix pursue a large-scale media M&A play? Don’t bet on it. Greg Peters, co-CEO of Netflix, downplayed the company’s desire to grow…
Culture
Warner Bros. Renews Michael De Luca, Pamela Abdy Contracts After ‘Sinners’ and ‘Minecraft’ Spark Epic Box Office Turnaround
A few months ago, Hollywood was convinced that Michael De Luca and Pamela Abdy were about to be fired as co-heads of Warner Bros.…
Business
Why Does David Ellison Want Paramount to Swallow Warner Bros. Discovery Whole? To Beat Rival Suitors to the Punch
David Ellison‘s Skydance Media just completed the $8 billion takeover of Paramount Global five weeks ago. Now, before Ellison and his team…
Business
Paramount Skydance prepares bid for Warner Bros Discovery, source says
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday,…
Business
Warner Brothers Discovery and Paramount Skydance shares surge on buyout reports
Natalie ShermanBusiness reporter Shares in Warner Brothers Discovery and Paramount Skydance have surged following reports that Paramount…