Latest Entertainment News
Netflix Announces $82.7 Billion Deal to Acquire Warner Bros. Discovery Studios and Streaming
Netflix agreed to buy Warner Bros.' studios, HBO Max, DC Studios, and more in a cash-and-stock deal valued at $82.7 billion, set to close in late 2026. The acquisition includes iconic franchises like Harry Potter, Game of Thrones, and Batman, promising continuity in operations and theatrical releases.
Netflix plans to keep HBO Max as a separate service initially while migrating content.
Paramount Skydance Launches Hostile $108.4 Billion Bid for Warner Bros. Discovery
Paramount Skydance countered with a $108.4 billion all-cash bid for the entire Warner Bros. Discovery, including studios, streaming, and cable networks. The bid aims to outpace Netflix and preserve theatrical distribution with over 30 films yearly.
Warner Bros. board is reviewing the offer without modifying its Netflix recommendation yet.
Warner Bros. Faces Bidding War from Netflix, Paramount, Comcast, and Tech Giants
Multiple bidders including Netflix, Comcast, Paramount Skydance, Amazon, and Apple are vying for Warner Bros. assets after WBD opened bids in November. Preliminary bids were due mid-November, with final rounds in early December amid WBD's planned split into streaming/studios and networks.
Experts predict raised offers and antitrust scrutiny for any winner.
Music Bank Global Festival Kicks Off in Tokyo with Top K-Pop Acts
The 2025 Music Bank Global Festival at Japan National Stadium features 20 K-pop artists over December 13-14, hosted by IVE's Jang Wonyoung and Lee Jun Young. Day 1 includes ATEEZ, ITZY, TXT, ENHYPEN; Day 2 has Stray Kids, IVE, &TEAM.
No international livestream, but airing on KBS 2TV December 30 and Hulu.
US Hosts Major December Music Festivals in California, Nevada, and More
Tahoe Live in Palisades Tahoe (Dec 12-14) features electronic acts like Porter Robinson, Zeds Dead amid snow-covered mountains. Las Vegas' Jackpot Festival (Dec 26-27) headlines Zeds Dead, Subtronics for EDM fans.
iHeartRadio Jingle Ball tour hits NYC, LA, Miami with Ed Sheeran, Jessie Murph.
French Supermarket's Misunderstood Wolf Christmas Ad Goes Viral Worldwide
A French supermarket ad featuring a wolf's transformative journey from misunderstood outsider to accepted has garnered hundreds of millions of views. Fans praise its emotional story of belonging without using generative AI.
Creative director Julien Bon notes its universal appeal in self-improvement.
Warner Bros. Movie World Reopens Scooby Doo Spooky Coaster
Australia's Warner Bros. Movie World has reopened the popular family rollercoaster Scooby Doo Spooky Coaster, delighting guests once more. The ride is one of the park's most loved attractions, now fully operational.
This comes amid broader Warner Bros. corporate changes.
Entertainment Industry Braces for Consolidation from Netflix-WBD Merger
The Netflix-Warner deal would reinforce streaming's 'Big Three' dominance, adding HBO Max's 128 million subscribers to Netflix's base. It follows Disney-Fox ($71.3B) and Amazon-MGM ($8.5B) mergers, pressuring smaller services.
Paramount's bid includes Discovery+, potentially sparking further acquisitions.
Beyoncé's Triumph and BTS Return Highlight 2025 Music Comebacks
2025 music scene buzzes with Beyoncé's triumphs, BTS's highly anticipated return, and major artist comebacks in global entertainment. Coverage spans red carpet events to K-pop alongside these pop icons.
Fans await updates on tours and releases shaping the year's soundscape.
Antitrust Concerns Rise in Warner Bros. Bidding War with Netflix and Paramount
Both Netflix and Paramount face similar antitrust hurdles in acquiring Warner Bros., potentially requiring deal alterations. Netflix targets studios/streaming; Paramount seeks the full company including cable like CNN.
Approval could take 1-2 years, with close regulatory scrutiny.
Film Experts React to Warner Bros. Acquisition as 'Death of a Legacy'
Film departments lament Netflix's $82.7B Warner Bros. deal as the 'death of a legacy' amid competing Paramount bids up to $108.4B. Netflix co-CEO Ted Sarandos remains confident despite the hostile takeover challenge.
The saga underscores rapid industry shifts.
What Netflix-WBD Merger Means for Movie Theaters' Survival
Experts debate if Netflix's Warner acquisition endangers theaters or provides needed theatrical releases via Warner's pipeline. Paramount's bid promises more films yearly, diversifying production.
Professors note both buyers love the business, predicting higher bids ahead.