Paramount’s hostile bid for Warner Bros. shaken
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Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?
Some of Wall Street’s biggest rainmakers are vying for a windfall as the Paramount-Netflix bidding war for Warner Bros Discovery reaches a climax, capping a blockbuster year for mergers and acquisitions.
Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.
Netflix co-CEO Ted Sarandos tells Canal+ upfronts that Warner Bros. films will get traditional theatrical windows and flow through output deal.
Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. "a win for the entertainment business."
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Gov. Phil Murphy on New Jersey's two big studios competing for Warner Bros: "May the best team win"
The Hollywood Reporter was on hand for Tuesday's groundbreaking at the future site of 1888 Studios, where Paramount will be the anchor tenant.