
Latest Entertainment News
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. CEO David Ellison stated the offer provides superior value and a quicker path to completion amid ongoing regulatory reviews.
The move could reshape Hollywood, combining major studios and streaming assets.
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. The deal has sparked outrage in Hollywood over potential monopolies, job losses, and threats to theaters.
Netflix claims minimal redundancies as it adds a theatrical division.
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. Paramount promises 30 theatrical releases yearly if successful, a big increase from recent averages.
Exhibitors and guilds express concerns and plan discussions with Netflix.
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. This follows Paramount's August 2025 merger with Skydance, which included 1,000 layoffs.
The strategy aims to streamline streaming services.
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. Paramount's tender offer seeks to bypass the board by appealing directly to shareholders.
Regulatory scrutiny remains a key hurdle for all bids.
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. The Bang Showbiz report from December 12 details her tearful reflections.
Fans praise her vulnerability amid ongoing tours and projects.
'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. Spoilers tease dramatic twists in the long-running soap opera.
Viewers anticipate emotional confrontations and revelations.
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. TMZ detailed extensive wounds including leg marks and more.
The incident underscores big cat handling dangers.