Paramount launches hostile bid for Warner Bros. Discovery
Digest more
Should Paramount succeed in acquiring Warner Bros, the combined studio will release more than 30 theatrical titles a year. This was Paramount CEO David Ellison’s promise during a phone presser following news of the conglom’s hostile takeover bid for Warner Bros Discovery.
Colleague or colonizer? Netflix swallows Warner Bros. Discovery, and the film industry has feelings.
Well, the colony got a lot bigger early Friday when it was announced that Netflix struck a deal to purchase Warner Bros. Discovery and its studio and streaming service, including HBO Max, for a cool $72 billion.