Netflix is the frontrunner to become Warner Bros.’ new owner, but the war for control of the legacy studio isn’t over just yet. Paramount Skydance has made its own outsize offer for the company that would give CEO David Ellison even more control over the news and entertainment landscape. And while Warner Bros. Discovery has … Read more
Over two films, Rian Johnson’s Knives Out series has offered something largely absent from the modern movie landscape: intricate murder mysteries full of humor and gasp-worthy moments. The original Knives Out started things off relatively small with a cozy whodunit, which then became a larger and more elaborate puzzle with the sequel Glass Onion. Both … Read more
Paramount, a Skydance Corporation (NASDAQ: PSKY) (“Paramount”), today announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“WBD”) for $30.00 per share in cash. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks segment. Paramount’s strategically and financially … Read more
In November, Ted Sarandos, Netflix’s co-CEO made a trip to the White House for a lengthy meeting with Donald Trump. According to Bloomberg, the two discussed a number of topics, but chief among them was Netflix’s plan to bid on Warner Bros. At the end of their conversation, Sardonos felt that “Netflix wouldn’t face immediate … Read more
Warner Bros. has an infamous history of being bought by other companies and then quickly ending up back on the market after its new owners realize how difficult it is to capitalize on a legacy production studio’s assets. Those challenges are part of what doomed WB’s mergers with AOL and AT&T, who bought the studio … Read more
Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg. Earlier this week, Warner Bros. Discovery announced it was … Read more
Netflix is poised to purchase Warner Bros.’ studio and streaming business after being selected as the winner of the bidding war for the media giant. The two companies will now move forward into exclusive deal talks, TheWrap reports, likely including a $5 billion break-up fee in case regulators block the buyout. Netflix reportedly offered $30 … Read more
Netflix has removed the ability to cast shows and movies from phones to TVs, unless subscribers are using older casting devices. An updated help page on Netflix’s website, first reported by Android Authority, says that the streaming service “no longer supports casting shows from a mobile device to most TVs and TV-streaming devices,” and instead … Read more
It has been a decade since the Stranger Things phenomenon began, and the Duffer brothers had had ample time to craft a strong finish to their breakout hit series. But the beginning of the show’s fifth and final season feels like a frantic race to the end. While Stranger Things wasn’t Netflix’s first breakout hit, … Read more
A decade after it first premiered, Netflix’s most impactful show is coming to an end. The fifth and final season of Stranger Things is being split apart into a three-part event that spans multiple holidays: it premieres on November 26th, with a second batch of episodes on Christmas, followed by the final episode on December … Read more