WBD Shareholders Approve Paramount Acquisition, But Not David Zaslav’s Payout!!

Warner Bros. Discovery (WBD) shareholders have approved the merger deal between WBD and Paramount. However, they have expressed dissatisfaction with the payout proposed for WBD co-CEO David Zaslav. The Warner Bros. Discovery and Paramount merger is currently valued at $110 billion. Warner Bros Discovery recently announced that shareholders have approved the company’s $110 billion merger deal with Paramount. The shareholders have agreed on the sale … Continue reading WBD Shareholders Approve Paramount Acquisition, But Not David Zaslav’s Payout!!

Warner Bros. Rejects Paramount’s Takeover Bid, Opting Netflix Deal!!

Warner Bros. Discovery has formally turned down Paramount’s $108 billion takeover bid, opting instead to stand by its existing agreement with Netflix. The decision follows a review by the company’s board, which concluded that Paramount’s offer did not provide the same level of certainty or value for shareholders. Warner Bros. declines hostile bid from Paramount, provides reasons Warner Bros. Discovery has formally dismissed Paramount’s unsolicited … Continue reading Warner Bros. Rejects Paramount’s Takeover Bid, Opting Netflix Deal!!

Netflix Looking To Buy Warner Bros. Igniting DCEU Fans Hopes for ‘Snyderverse’ Revival!!

The positive reception to James Gunn’s Superman seemed like the final nail in the coffin of Zack Snyder’s “Snyderverse” DC superhero movies (a coffin that seemed like it had gotten a dozen final nails already), but Snyder fans may have gotten yet another last-minute reprieve. First, the rumors that Paramount was interested in merging with Warner Bros. sparked hopes that a new owner would see … Continue reading Netflix Looking To Buy Warner Bros. Igniting DCEU Fans Hopes for ‘Snyderverse’ Revival!!

Warner Bros. Discovery Announced as the Discovery-WarnerMedia Rebrand!!

The Discovery-WarnerMedia venture that is set to shake up the industry has chosen a new, unifying title to symbolize the merger between the entertainment giants: Warner Bros. Discovery. The mega-deal, which sees AT&T merging their recently bought WarnerMedia company with Discovery, is moving quickly to finalize their marriage after it was announced on May 17. The unique name is accompanied by an official logo, one … Continue reading Warner Bros. Discovery Announced as the Discovery-WarnerMedia Rebrand!!

WarnerMedia to Merge with Discovery!!

We’ve seen Disney gobble up Fox, and we’ve seen CBS merge with Viacom. Now the next major corporate merger is WarnerMedia and Discovery, which will combine to form a new company. Just a few years after AT&T bought Time Warner for $85.4 billion, the telecommunications company appears to be throwing in the towel. As first reported by the Los Angeles Times on Sunday night and … Continue reading WarnerMedia to Merge with Discovery!!

Warner Bros. Hires Ann Sarnoff as New CEO!!!

Three months after Warner Bros. CEO Kevin Tsujihara was fired, the studio has found an unlikely replacement. While a number of executives were no doubt vying for the job, including some inside Warner Bros., parent company WarnerMedia has seen fit to hire Ann Sarnoff for the role. Sarnoff previously served as a BBC Studios America executive after working for the likes of Dow Jones and … Continue reading Warner Bros. Hires Ann Sarnoff as New CEO!!!

WarnerMedia to Launch Streaming Service in Late 2019 Following Merger!!

Just as cable customers are embracing the digital shift away from set top boxes and towards streaming services, so too are multinational corporations embracing the on-demand, instantaneous content offerings. Warner Bros.’s DC Comics wing recently launched the DC Universe platform for original content accessed by subscribers, HBO has had its own on-demand streaming service in HBO GO for a while now, and even The CW … Continue reading WarnerMedia to Launch Streaming Service in Late 2019 Following Merger!!

Check out some of the biggest Hits & Flops of the Summer 2015!!

It was a near record-setting summer for Hollywood. “Jurassic World,” “Inside Out” and “Avengers: Age of Ultron” led this summer’s box office to one of its highest grossing in history, according to Variety. Domestic ticket sales from May 1 to Labor Day weekend hit $4.48 billion, as reported by Rentrak. That represents a little more than a 10 percent increase over last year’s dismal numbers … Continue reading Check out some of the biggest Hits & Flops of the Summer 2015!!

Check out the Hits & Misses of Summer 2015!!

The summer box office will go down as the second-biggest in history, but the wealth wasn’t evenly distributed. Instead, the results revealed a profound case of corporate income inequality. Two studios, Universal and Disney, gobbled up most of the profits after fielding massive hits like “Jurassic World” and “Avengers: Age of Ultron.” Together, their films made up seven of the 10 top-grossing domestic releases this … Continue reading Check out the Hits & Misses of Summer 2015!!