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๐Ÿ“…December 12, 2025 at 1:00 PM
Major Hollywood merger battle dominates entertainment news as Paramount Skydance launches hostile $108B+ bid for Warner Bros. Discovery against Netflix's $82.7B deal, sparking industry outrage and concerns.
1

Paramount Skydance Launches Hostile Takeover Bid for Warner Bros. Discovery

Paramount Skydance has upped its offer to $108 billion ($30 per share) in a hostile bid to acquire Warner Bros. Discovery, directly challenging Netflix's $82.7 billion deal announced on December 5.Source 2Source 4Source 9 CEO David Ellison stated the offer provides superior value and a quicker path to completion amid ongoing regulatory reviews.Source 4Source 8 The move could reshape Hollywood, combining major studios and streaming assets.Source 6

2

Netflix's $82.7B Warner Bros. Acquisition Faces Intense Competition

Netflix announced on December 5 its plan to buy Warner Bros. for $82.7 billion ($27.75 per share), expected to close in Q3 2026 after splitting off Discovery Global.Source 4Source 6Source 8 The deal has sparked outrage in Hollywood over potential monopolies, job losses, and threats to theaters.Source 4Source 6Source 10 Netflix claims minimal redundancies as it adds a theatrical division.Source 8

3

Hollywood Braces for Mega-Merger Impacts on Jobs and Theaters

Critics warn Netflix's Warner Bros. takeover or Paramount's bid could lead to massive layoffs, market monopoly, and the decline of movie theaters.Source 6Source 8Source 10 Paramount promises 30 theatrical releases yearly if successful, a big increase from recent averages.Source 8 Exhibitors and guilds express concerns and plan discussions with Netflix.Source 8

4

Paramount Skydance Eyes Shutting HBO Max, Merging with Paramount+

If acquiring Warner Bros., Paramount CEO David Ellison plans to shut down HBO Max as standalone and merge it with Paramount+, similar to Disney's Hulu plans.Source 2 This follows Paramount's August 2025 merger with Skydance, which included 1,000 layoffs.Source 2 The strategy aims to streamline streaming services.Source 2

5

Warner Bros. to Review Paramount's Revised Offer Within 10 Days

Warner Bros. is evaluating Paramount Skydance's increased bid and must respond within ten days, with potential for further offers or a hostile shareholder approach.Source 8Source 9 Paramount's tender offer seeks to bypass the board by appealing directly to shareholders.Source 9 Regulatory scrutiny remains a key hurdle for all bids.Source 4Source 8

6

Taylor Swift Tears Up Over Southport Stabbing and Vienna Plot in Doc

Taylor Swift became emotional discussing the Southport stabbing and Vienna terror plot in a new documentary, highlighting the tragedies' impact on her.Source 5 The Bang Showbiz report from December 12 details her tearful reflections.Source 5 Fans praise her vulnerability amid ongoing tours and projects.Source 5

7

'Bold and the Beautiful' Spoilers: Surprise Proposal at Wedding

On December 12, 'Bold and the Beautiful' features a shock proposal stealing the spotlight from a wedding, hinting at a potential Spencer-Logan union.Source 3 Spoilers tease dramatic twists in the long-running soap opera.Source 3 Viewers anticipate emotional confrontations and revelations.Source 3

8

Madison LeCroy Shares Family Expansion Struggles on 'Southern Charm'

Madison LeCroy opened up about the 'terrifying' challenges of raising a pre-teen and newborn on Bravo's 'Southern Charm'.Source 3 The episode highlights her emotional ups and downs.Source 3 Fans relate to her candid parenting insights.Source 3

9

Lala Kent Declines Return to 'Vanderpump Rules' Season 12 Reboot

Lala Kent revealed she was asked back to 'Vanderpump Rules' but said no ahead of the Season 12 reboot announcement.Source 3 The former cast member cited personal reasons for declining.Source 3 Bravo continues reshaping its reality lineup.Source 3

10

Erika Jayne Announces New Music Gig After 20-Year Career

'Real Housewives of Beverly Hills' star Erika Jayne revealed her latest music gig, reviving her DJ and pop career nearly 20 years on.Source 3 The announcement excites fans of her early hits.Source 3 She balances reality TV with music ventures.Source 3

11

Tiger King Associate Ryan Easley Dies from Tiger Attack Injuries

Joe Exotic associate Ryan Easley died from horrific injuries sustained in a tiger attack during an Oklahoma show, per the Tulsa Medical Examiner.Source 7 TMZ detailed extensive wounds including leg marks and more.Source 7 The incident underscores big cat handling dangers.Source 7

12

Andy Dick Admits Alcohol Preference Over Drugs in Update

Comedian Andy Dick stated he's more into alcohol than drugs in a December 12 TMZ update on his personal struggles.Source 7 The revelation comes amid ongoing celebrity news coverage.Source 7 Fans hope for his recovery and stability.Source 7