©Courtesy of Paramount Pictures Warner Bros. Discovery announced on Wednesday morning that it is giving a thumbs-down to Paramount’s hostile takeover bid, arguing that Netflix would be a better suitor. Paramount is offering $30 per share for the entire company, while Netflix is making a $27.75-per-share offer for Warner Bros. and HBO. In a letter…
©Courtesy of Netflix and Warner Bros. Discovery Netflix announced today an $82.7 billion deal to acquire Warner Bros. Discovery, a move that will have a vast impact on the media industry. Warner’s studio operations and its streaming business are included in the arrangement, which is expected to happen by the third quarter of 2026. Under…
©Sex and the City poster-HBO Sex and the City—all 94 episodes of the HBO series—will begin streaming on Netflix on April 1, thanks to a licensing deal with Warner Bros. Discovery that also includes Ballers, Band of Brothers, Insecure, The Pacific, Six Feet Under, and True Blood. The deal, however, is not worldwide: only viewers…
SAG-AFTRA and Studios reached a tentative agreement that will end the longest actors strike against the film and TV studios in Hollywood history. In an announcement Wednesday, the union said the 118-day strike would officially over as of 12:01 a.m. PT on Thursday, November 9 The union’s negotiating committee approved the deal on an unanimous…
An artistic rendering of Netflix studio in Fort Monmouth. Talk about beating swords into ploughshares—now they’re being beaten into production studios. On Wednesday, New Jersey’s governor Phil Murphy announced that Netflix would be turning the former Fort Monmouth army base into a state-of-the-art production facility. Netflix will be investing nearly $900 million in the repurposing, which…
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