All posts tagged: warner bros

Warner Bros weighing revised bid from Paramount as bidding war escalates

Warner Bros weighing revised bid from Paramount as bidding war escalates

Published by Parlour News

Feb 24 – Paramount Skydance submitted a revised offer to buy Warner Bros. Discovery, the two companies confirmed on Tuesday, as the owner of broadcaster CBS makes a last-ditch effort to stop media company Netflix from buying the coveted Hollywood studio. Warner Bros weighing revised bid from Paramount as bidding war escalates The latest offer is higher than Paramount’s previous bid of $30 per share in cash, or $108.4 billion including debt, for the whole of Warner Bros, a source familiar with the matter told Reuters on Monday. The exact details of the offer could not be learned, however. Paramount made its bid after a week of talks between the companies to address the Warner board’s concerns with previous bids, which they’ve rejected in favor of Netflix’s $27.75 per share, or $82.7 billion, deal for its studio and streaming assets. “The Netflix merger agreement remains in effect and the Board continues to recommend in favor of the Netflix transaction,” Warner Bros said in a statement. Paramount said its offer followed a week of discussions with …

Netflix CEO Ted Sarandos hits back at James Cameron for calling streamer’s acquisition of Warner Bros ‘disastrous’

Netflix CEO Ted Sarandos hits back at James Cameron for calling streamer’s acquisition of Warner Bros ‘disastrous’

Published by Parlour News

Netflix CEO Ted Sarandos is not happy with James Cameron’s letter against the streaming platform over its bid to acquire Warner Bros studio and terming it “disastrous”. Pushing back against the remarks, Sarandos said he was “surprised and disappointed” that Cameron chose to align with what he described as a disinformation campaign surrounding the proposed deal. Netflix’s Ted Sarandos wrote a letter to defend his company’s plans for movies if its acquisition of Warner Bros. goes through, Ted Sarandos hits back at James Cameron Sarandos addressed Cameron’s remarks in a letter penned to Republican Senator Mike Lee of Utah, who chairs the Senate’s subcommittee on antitrust. He mentioned that an earlier letter from the director “knowingly misrepresents our position and commitment to the theatrical release of Warner Bros. films.” Sarandos’ letter follows an earlier note to Lee from Cameron, who said the sale of Warner Bros.’ film studio and streaming service to Netflix “will be disastrous for the theatrical motion picture business that I have dedicated my life’s work to.” “I recently read the letter …

James Cameron says Netflix acquiring Warner Bros would be ‘disastrous’, predicts shut theatres, job losses

James Cameron says Netflix acquiring Warner Bros would be ‘disastrous’, predicts shut theatres, job losses

Published by Parlour News

In a letter to American Senator Mike Lee, veteran Hollywood filmmaker James Cameron has argued against Netflix‘s planned acquisition of Warner Bros, one of the biggest movie studios in the world. Cameron, director of blockbusters like Avatar, Titanic, and The Terminator, has said that the acquisition would be ‘disastrous’ for the movie business. James Cameron has warned against Netflix’s acquisition of Warner Bros. REUTERS/Caroline Brehman (REUTERS) James Cameron warns against Netflix’s acquisition of Warner Bros In his letter to Senator Lee, who is the chair of the Senate subcommittee on antitrust, James Cameron predicts a doom-like scenario for filmmaking business in the US and worldwide if the planned acquisition comes through. “I believe strongly that the proposed sale of Warner Brothers Discovery to Netflix will be disastrous for the theatrical motion picture business that I have dedicated my life’s work to. Of course, my films all play in the downstream video markets as well, but my first love is the cinema,” Cameron wrote in the letter, as quoted by Variety. James Cameron is one of …

Warner Bros weighing revised bid from Paramount as bidding war escalates

Warner hits ‘Sinners’ and ‘One Battle’ tipped for Oscar nominations

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Warner Bros may be for sale, but the studio’s acclaimed hits “Sinners” and “One Battle After Another” are expected to dominate the Oscar nominations when the Academy announces its final contenders Thursday. Warner hits ‘Sinners’ and ‘One Battle’ tipped for Oscar nominations Both are tipped to rack up a dozen or more nods for Hollywood’s grandest awards ceremony from best picture and best actor to the new best casting prize. The rare and enviable position of a single Hollywood studio boasting the two clear Oscars frontrunners ironically comes in what could be Warner Bros’ swansong year as an independent distributor. Warner Bros is the target of a fierce bidding war between Paramount Skydance and Netflix. Yet despite the struggles of its parent company Warner Bros Discovery, the storied movie studio has enjoyed a banner year, bucking Tinseltown’s obsession with sequels and backing original fare from auteur filmmakers. “Sinners,” a blues-inflected period horror film about the segregated US South, comes from “Black Panther” director Ryan Coogler. It is expected to land a best actor nomination for …

Paramount sues Warner Bros for Netflix deal details in hostile 8 billion takeover bid

Paramount sues Warner Bros for Netflix deal details in hostile $108 billion takeover bid

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Paramount Skydance on Monday sued Warner Bros Discovery for more information on a rival $82.7 billion deal with Netflix, escalating a battle to take control of one of the most storied Hollywood studios. A drone view shows The Warner Bros. studio lot in Burbank, California, U.S., December 8, 2025. REUTERS/Mike Blake/File Photo (REUTERS) The David Ellison-led company also said it planned to nominate directors to Warner Bros’ board, in one of its most aggressive steps to convince investors that its $108.7 billion all-cash bid is superior to Netflix’s cash-and-stock deal. Paramount and Netflix have been in a heated battle for Warner Bros, its prized film and television studios and its extensive content library, which includes Harry Potter and the DC Comics universe. Warner Bros last week rejected Paramount’s latest offer, advising shareholders to vote in favor of the Netflix deal. In a letter to shareholders, Paramount also said it would propose an amendment to Warner Bros’ bylaws that would require shareholder approval for any separation of the media giant’s cable TV business, which is key …

The Golden Globes are tonight. Here’s what to look for and how to watch and stream the show

The Golden Globes are tonight. Here’s what to look for and how to watch and stream the show

Published by Parlour News

The Golden Globes bill themselves as Hollywood’s booziest bash. This year, is anyone ready to party? The Golden Globes are tonight. Here’s what to look for and how to watch and stream the show Political tension and industrywide uncertainty are the prevailing moods heading into Sunday night’s 83rd Golden Globes. Hollywood is coming off a disappointing box-office year and now anxiously awaits the fate of one of its most storied studios, Warner Bros. A celebratory mood might be even more elusive given that the wide majority of the performers and filmmakers congregating at the Beverly Hilton in Beverly Hills, California, oppose the policies of President Donald Trump. Likely to be on the minds of many attendees: the recent U.S. involvement in Venezuela and the fatal shooting of 37-year-old mother Renee Good in Minneapolis by Immigration and Customs Enforcement. But through their ups and downs, the Globes have always tried to put pomp over politics. Host Nikki Glaser has vowed as much. “You’d be surprised that half the room had no clue why I was saying …

Warner Bros weighing revised bid from Paramount as bidding war escalates

Producers Guild nominees include ‘One Battle After Another,’ ‘Sinners’ and ‘Weapons’

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LOS ANGELES — “One Battle After Another,”“Sinners” and “Marty Supreme” scored another pivotal nomination from the Producers Guild. Producers Guild nominees include ‘One Battle After Another,’ ‘Sinners’ and ‘Weapons’ The Producers Guild of America on Friday named 10 nominees for the Darryl F. Zanuck Award, their top prize and a reliable Oscar best picture bellwether, including awards season mainstays like “Frankenstein,” “Hamnet” and “Sentimental Value.” “Bugonia” and “Train Dreams” were also among the nominees, as well as two more unexpected choices: The Formula One racing movie “F1” and the horror hit “Weapons.” Notably, four of the films on the list, “F1,” “Weapons,” “One Battle After Another” and “Sinners” were Warner Bros. theatrical releases. Not included, however, were “Avatar: Fire and Ash” or “Wicked: For Good,” two big budget, studio spectacles that might have been considered shoo-ins for a producing honor. The nominees aligned closely with the five films singled out by the actors guild and the directors guild earlier this week. The full list of 10 could also very well predict the best picture batch …

Warner Bros bidding war and red hot M

Warner Bros bidding war and red hot M

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* Warner Bros bidding war and red hot M Paramount’s advisers will work over Christmas, RedBird’s Cardinale says * Corporate boards more aggressive amid geopolitical uncertainties, less antitrust scrutiny * Morgan Stanley ‍sees broad-based activity across industry sectors By Dawn Kopecki and Anousha Sakoui NEW YORK, – A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short. There have been $463.6 billion in mergers and acquisitions announced this month, 30% more than last year, including Trump Media & Technology Group’s $6 billion merger with nuclear fusion firm TAE Technologies, IBM’s $11 billion purchase of data infrastructure company Confluent and a bidding war between Paramount Skydance and Netflix for Warner Bros Discovery, according to data compiled by Dealogic. “This is the hunt and the finish, and we all enjoy it,” said Charles Ruck, a partner at Latham & Watkins, which is advising Paramount on ⁠its bid for Warner Bros. …

Multiplex Association of India fears Netflix’s acquisition of Warner Bros threatens India’s theatrical releases

Multiplex Association of India fears Netflix’s acquisition of Warner Bros threatens India’s theatrical releases

Published by Webster

The Multiplex Association of India (MAI) on Saturday raised concerns over Netflix’s proposed acquisition of Warner Bros. Discovery, stating that it poses a direct competition and economic threat to India’s theatrical and broader film industry. Netflix and Warner Bros. Discovery, Inc. have announced an $82.7 billion deal for Netflix to acquire Warner Bros. film and TV studios, HBO Max, and HBO. Mario Tama/Getty Images/AFP (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP) The Acquisition of Warner Bros, one of the world’s leading studios, by a dominant streaming platform that has historically deprioritised theatrical releases, poses a direct economic threat to India’s broader film economy, MAI said in a statement. On Friday, Netflix said it has struck a deal with Warner Bros Discovery to buy the legacy Hollywood giant’s studio and streaming business for USD 72 billion. The cash-and-stock deal also includes its namesake television and motion picture division, Warner owns HBO Max streaming services and DC Studios. The transaction is expected to close after Warner separates …

How Netflix won Hollywood’s biggest prize, Warner Bros Discovery, beating Paramount, Comcast in massive billion deal

How Netflix won Hollywood’s biggest prize, Warner Bros Discovery, beating Paramount, Comcast in massive $72 billion deal

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What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters. An aerial view of the Warner Bros. logo displayed on the water tower at Warner Bros. Studio on December 5, 2025 in Burbank, California. Mario Tama/Getty Images/AFP (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP) Netflix buys Warner Bros Netflix announced on Friday it had reached a deal to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion. Although Netflix had publicly downplayed speculation about buying a major Hollywood studio as recently as October, the streaming pioneer threw its hat in the ring when Warner Bros Discovery kicked off an auction on October 21, after rejecting a trio of unsolicited offers from Paramount Skydance. Details of Netflix’s plan and the Warner Bros board’s deliberations, based on interviews with seven advisers and executives, …