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Paramount has targeted Warner Bros. since October with multiple offers, including the current all-cash bid of $30 per share.
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Dennis Cinelli, who has previous experience at Uber Technologies Inc. and at Scale AI, replaces interim CFO Andrew Warren, Paramount said
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Warner Bros. on Wednesday again rejected Paramount’s bid as insufficient, opting to stick with Netflix’ offer
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Control has shifted to whoever owns the app, the user data, and the payment relationship. In the coming decade, the industry will be divided between platforms that command consumer relationships and those that rent them
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Paramount has been aggressively pursuing Warner Bros. for months, and Ellison was taken by surprise when the board agreed to a deal with Netflix for $82.7 billion
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President Trump added drama on Wednesday when he said that any deal for Warner Bros. should include the sale of its CNN cable news network
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A vertically integrated entertainment behemoth will set the terms across the globe. Algorithms will play a huge role in picking creative ideas that can be financially backed
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Warner Bros. was given 10 business days to respond to Paramount’s hostile $30-a-share bid for the company on Monday
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The names are notable as much for their size as well as their proximity to President Donald Trump
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Paramount criticized the Netflix offer, saying it exposes shareholders "to a protracted multi-jurisdictional regulatory clearance process with an uncertain outcome along with a complex and volatile mix of equity and cash.”
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Netflix has “a very big market share, and when they have Warner Brothers, you know, that share goes up a lot,” the president said, adding that he will be personally involved in the decision-making process.
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A mega-deal that could reshape streaming, theatrical distribution and the balance of influence across the entertainment industry.
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A behind-the-scenes bidding war has transformed Netflix from outsider disruptor to the new centre of the entertainment universe — leaving David Ellison sidelined and old-guard Hollywood stunned.
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The sum would be paid to Warner Bros. if a deal is agreed to but not consummated. It’s a sign Paramount has confidence its proposed merger would pass muster with regulators
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In recent talks with Warner Bros Discovery, Netflix said the potential combination of its streaming service with HBO Max would benefit consumers by lowering the cost of a bundled offering
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Warner Bros. is set to celebrate the 25th anniversary of Harry Potter and the Sorcerer’s Stone with a planned global re-release in theatres. The milestone will also feature special events, fan campaigns, and a newly designed 25th anniversary logo celebrating the magic of the Wizarding World.
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The mostly cash offer will be for the entire company, the Wall Street Journal reported earlier Thursday, without providing terms
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Warner Bros. has made Hollywood history with seven consecutive films crossing the $40 million mark on opening weekends, including A Minecraft Movie ($162M), marking a massive turnaround after its shaky 2024 run.
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The Conjuring: Last Rites witnessed a drop on Monday, earning Rs 5 crore net in India. While the horror thriller slowed down in India, it continues to enjoy a stellar run globally.
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Get ready for the essential Batman for all ages, sourced from the numerous Dark Knights from over the last few decades.
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Dominic McLaughlin will play the role of Harry Potter, while Arabella Stanton is set to play Hermione Granger. HBO TV series Harry Potter have yet to unveil some of the cast members.
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HBO Max has removed most classic Cartoon Network shows, following the shutdown of its website. Fans are disheartened as even the remaining titles are expected to disappear soon.
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The studio behind ‘Superman’ has staged a historic turnaround after a string of flops left it reeling earlier this year.
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Dominic McLaughlin portrays the iconic Harry Potter in HBO's highly anticipated TV series. Warner Bros has also revealed the first look.
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Warner Bros asked Johnny Depp to step down from the role of Gellert Grindelwald. He was replaced by Mads Mikkelsen in 2022’s Fantastic Beasts: The Secrets of Dumbledore.
