
Latest Entertainment News
Netflix Agrees to Acquire Warner Bros. in $72 Billion Deal
Netflix has agreed to buy Warner Bros.' film, TV, and streaming assets for $72 billion in equity value after separating from Warner Bros. Discovery's cable networks. The cash-and-stock deal values shares at $27.75, with completion expected in Q3 2026 pending approvals. This landmark merger faces antitrust scrutiny but could reshape streaming.
Warner Bros. Discovery Rejects Paramount's Hostile Bid for Netflix Deal
Warner Bros. Discovery's board supports Netflix's $72B offer over Paramount Skydance's $108.4B hostile bid, citing funding concerns despite revisions. Multiple bidders like Comcast competed, highlighting industry consolidation trends. Analysts predict major competitive shifts if approved.
AMC Screens Stranger Things Finale, Generating $15M+ Revenue
Over 753,000 fans watched Netflix's Stranger Things series finale in AMC theaters on NYE/NYD, earning $15M via food credits. Showtimes expanded 9x due to demand; AMC held over half of viewership. Talks underway for more Netflix exhibitions.