
How fast things change in Trump’s America.
It wasn’t long ago that the Netflix takeover of Warner Bros looked a done deal, bar regulatory approval, after its board accepted an $82.7bn offer in December.
Now Netflix has walked away, declining to match Paramount Skydance’s new $111bn offer because the price has got too high.
“The deal is no longer financially attractive,” it said in a statement – so what happened?
It’s kind of a big deal.
‘David Ellison Scares the S— Out of Me’: How Paramount Beat Out Netflix, Won Warner Bros. and Will Change Hollywood Forever
Ted Sarandos had just wrapped up a White House meeting with Attorney General Pam Bondi on Thursday when Warner Bros. Discovery released a statement announcing that Paramount’s latest bid for the media company was a “superior proposal” to the one that Netflix had offered. With his deal to buy the 100-year-old film and television giant hanging in the balance, Sarandos quickly consulted with a key team of executives, which included CFO Spencer Neumann and his co-CEO Greg Peters, who had been overseeing Netflix’s bid for Warners, sources say.






KISS co-founder Gene Simmons says rap and hip-hop artists have no place in the Rock & Roll Hall of Fame, outlining the unrelatable nature of the genre, “I don’t come from the ghetto, it doesn’t speak

When hosting the Golden Globes in 2020, Ricky Gervais delivered a delicious demolition of Hollywood’s political pretensions, telling his A-list audience: ‘if you do win an award tonight, don’t use it as a platform to make a political speech. You’re in no position to lecture the public about anything. You know nothing about the real world. Most of you spent less time in school than Greta Thunberg. So, if you win, come up, accept your little award, thank your agent, and your God, and fuck off’. Sadly, it seems the message didn’t sink in.

