Warner Bros.

Paramount Skydance is celebrating the fact that its takeover bid for Warner Brothers Discovery has survived its first regulatory hurdle.

Warner Brothers Discovery is reconsidering the latest purchase bid by Paramount Skydance after taking more time to look over the company’s amended purchase offers. Netflix has granted Warner Bros. Discovery a waiver on Tuesday to reopen deal talks.

BERLIN (AP) — A surprising and touching Afghan political rom-com that is said to feature the first ever on-screen kiss in an Afghan movie opens the 76th Berlin Film Festival Thursday.

NEW YORK — Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support.

Netflix co-CEO Ted Sarandos testified on Capitol Hill this week where he defended his company’s $83 billion merger deal with Warner Bros.

In a letter to Netflix and Warner Discovery leaders, the Chairman of the Senate Antitrust committee, Sen. Mike Lee (R-UT), has warned that a proposed acquisition of Warner Bros by the tech giant Netflix raises major red flags around competition.

Jan. 22 (UPI) — Paramount Skydance extended the deadline for shareholders to accept its hostile bid to buy Warner Bros. Discovery.

Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.’ movie studio and slot HBO Max into its video streaming line-up.

A few hours before Hollywood liberals started parading down the red carpet at Sunday’s Golden Globe awards, President Trump came out against the Netflix acquisition of Warner Brothers.

NEW YORK — Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix.

CNN is heading into an uncertain future with its parent company Warner Bros. Discovery (WBD) destined for a takeover — and US President Donald Trump hoping the change will allow him to influence the iconic news network’s programming.

This is the Breitbart Business Digest weekly wrap, in which we coincidentally run through the economic and financial news of the previous seven days.

Netflix is pursuing a deal to acquire Warner Bros. Discovery, a move that would create the largest consolidated streaming platform in U.S. history. Together, the two companies would control an estimated 139 million domestic subscribers — roughly 50 million more than the next-largest competitor — raising questions about market concentration within the entertainment industry.

President Donald Trump has signaled some opposition to Netflix purchasing Warner Bros. Discovery, saying that CNN should be sold as part of the package deal.

BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.

Netflix CEO Ted Sarandos is suddenly claiming he’s “deeply committed” to releasing Warner Bros. movies in “exactly the way they release those movies today.”

“Fifty Shades of Grey” star Dakota Johnson said the art of cinema in the United States “feels really grim right now” while attending the Red Sea Film Festival in Jeddah, Saudi Arabia, believing a possible deal between Netflix and Warner Bros. Discovery could lead to a “rebirth.”

If you love movies, the merger of Netflix and Warner Bros. is about as bad as the news can get.

Paramount took its battle for Warner Bros. Discovery directly to shareholders Monday, launching a $30-per-share all-cash tender offer for the entertainment giant just days after Warner agreed to a deal with Netflix.

The streaming giant Netflix has solidified itself as the King of Hollywood, announcing Friday its acquisition of Warner Bros. “Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere,” Netflix said in a statement.

Oscar-winning director James Cameron has endorsed Paramount Skydance purchasing Warner Bros. Discovery, saying “Netflix would be a disaster.”

A potential merger between Paramount Skydance and Warner Bros. Discovery is facing opposition from Sen. Elizabeth Warren and the Writers Guild of America, who warn the deal would consolidate control of major news and entertainment outlets under a single conglomerate.

David Ellison’s Paramount Skydance reportedly has the best chance in the brewing bidding war to purchase Warner Bros. Discovery due to an unlikely advantage: CNN.

Nolte: Nothing gives me more hope that an actual cultural shift might be happening in Hollywood than the tone of this cover story from the far-left Variety.

Warner Bros. is suing artificial intelligence company Midjourney for copyright infringement, alleging that the startup enables its millions of subscribers to create AI-generated images and videos of copyrighted characters like Superman and Bugs Bunny.

The Warner Bros. Motion Picture Group announced a 10 percent cut in its workforce this week following news that the company leadership would be splitting between Warner Bros. and Discovery Global.

Many in the media are celebrating the $406 million take James Gunn’s ‘Superman’ has taken at the box office, but they are missing some detail

NEW YORK (AP) — In a bid to kickoff a new era for DC Studios, James Gunn’s “Superman” opened with $122 million in U.S. and Canada ticket sales over the weekend, according to studio estimates Sunday.

Director James Gunn’s “Superman reboot,” hitting theaters this weekend, carries a production and promotional budget in the $300 to $400 million range. The David-Corenswet-starring film will need a big debut in China, where DC Studios has seen its superhero movies go to die or never show at all. Early “Superman” ticket sales figures suggest the Middle Kingdom could prove to be Kryptonite.

Actor Dean Cain, who became a fixture in millions of American households thanks to his beloved role as Superman in the hit TV series Lois & Clark: The New Adventures of Superman from 1993 to 1997, says director James Gunn’s

James Gunn, the director of the upcoming DC reboot movie, “Superman,” is walking back his harsh comments, calling half the country “jerks” and saying “screw them” if they don’t like the political messages in his film.

The producers of James Gunn’s latest theatrical version of “Superman” asked reviewers not to release their thoughts on the film until Tuesday, but several outlets ignored the demand and posted their reviews early. And some don’t bode well for the film.

“Superman” director James Gunn — who was fired by Disney after a decade’s worth of tweets he wrote about child rape, Mexicans, AIDS, and the Holocaust went viral; who said “Trump wakes up every morning hoping more kids are murdered by immigrants so it will help him in the polls;” who called Sen. Ted Cruz a “traitor;” who peddled the Trump “pee tape” hoax, and who said in 2023 “there is such a thing as superhero fatigue,” is now telling a large segment of America that his new superhero movie might not be for them. 

NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off its cable operations from its streaming service.

LGBTQ+ activists are ripping the second season of HBO’s hit video game adapted drama ” The Last of Us” after news broke that a lesbian sex scene between two teenaged stars was cut.

Warner Bros. Discover CEO David Zaslav announced cuts in costs for the company due to impact from the Trump administration’s tariffs and will be halting non-essential travel.