Paramount extends deadline on hostile Warner Bros. bid
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Where's the work? Film and TV production data over the past three years shows a sharp decline in projects filming in the city, even as officials recognize the urgency to keep the entertainment industry.
By Dawn Chmielewski LOS ANGELES, Jan 20 (Reuters) - Netflix has switched to an all-cash offer for Warner Bros Discovery's studio and streaming assets without increasing the $82.7 billion price in a bid to shut the door on Paramount's rival efforts to snag the Hollywood giant.
Warner Bros. Discovery announced it has agreed to sell its studio and streaming assets to Netflix for $82.7 billion. Netflix is revising its $72 billion offer for Warner Bros. Discovery to make it an all-cash transaction.
Oscar winner Troy Kotsur joined Johnny Sequoyah and Gia Hunter at the Paramount Studios Los Angeles special screening of Primate.
Warner Bros. Discovery is caught in a battle between Netflix and Paramount and chances are, it will be a long, bumpy regulatory road ahead.
Taylor Sheridan’s name came up a lot at the Los Angeles press event this week with the new Paramount leadership as virtually every top executive hailed the prolific creator’s business as a top TV asset of the combined Skydance-Paramount Global company.
New Paramount CEO David Ellison on Thursday told staff to return to the office full-time or accept a severance package. Ellison took control of Paramount, parent company of CBS, Comedy Central and the iconic movie studio last month after the Federal ...