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Netflix confirmed today that it has received the full $2.8 billion breakup fee for its WBD acquisition deal from Paramount — a move many industry observers see as clearing the runway for Paramount Skydance to finalize its acquisition push. via: Variety Per an SEC filing, Netflix said Warner Bros. Discovery “provided notice to Netflix that it had terminated the Merger Agreement in accordance with its terms in order to enter into an Agreement and Plan of Merger with PSKY in res

Shares of Netflix (NASDAQ: NFLX) rose on Wednesday, as it became more likely that its pending acquisition of Warner Bros. Discovery's (NASDAQ: WBD) film studios and HBO Max streaming service could fall through. via: Variety Wall Street seems thrilled that Netflix is walking away from its deal to buy Warner Bros. Discovery. Shares of the streaming giant were up nearly 10% in after-hours trading, at more than $92, after Netflix declined to increase its offer for the film and me

In a stunning twist, Netflix is declining to raise its bid for Warner Bros., positioning David Ellison’s Paramount as the winner in the battle for the fabled studio. via: Variety Paramount Skydance is poised to acquire Warner Bros. Discovery in its entirety after a whirlwind afternoon in which Netflix dropped out of the hunt despite having reached an agreement in December to acquire most of WBD. Netflix on Thursday afternoon formally declined to increase its offer for Warner

David Ellison's Paramount Skydance has revised its bid for Warner Bros. Discovery, putting pressure on Netflix to follow suit. via: Variety Paramount Skydance has filed what is believed to be a sweetened bid for Warner Bros. Discovery, opening a new round of haggling in efforts to snare the company’s HBO Max streaming service and Warner Bros. studios to help fuel economics amid a frenetic battle to stay afloat in the entertainment sector as more consumers turn to streaming to

Mark Ruffalo has shared his thoughts on James Cameron‘s letter in opposition to Netflix buying Warner Bros. Discovery, with the filmmaker instead sharing support for Paramount to acquire the company. via: Deadline The 4x Oscar-nominated actor called out the Avatar writer/director over his recent letter claiming that the deal would be “disastrous for the theatrical motion picture business,” asking if Cameron feels the same about a potential Paramount sale. “So… the next questi

We were rooting for you, Reality Check, we were all rooting for you! But alas, Netflix‘s documentary about the rise and fall of America’s Next Top Model is a rather grueling and self-serious affair which attempts to turn the reality hit that ran for 24 seasons into a cultural war crime. via: People Netflix’s new docuseries Reality Check: Inside America’s Next Top Model takes viewers behind the catwalk to uncover what really went down on the Tyra Banks-created reality show, wh

Netflix's CEO, Ted Sarandos, has given new insight into Superman's digital release rollout. via: CBM During a recent Senate hearing, Netflix CEO Ted Sarandos appeared to confirm that Superman early Digital release last summer was because it had underperformed at the box office. Superman was released in theaters on July 11 last year, and despite sluggish returns overseas, it was still the biggest superhero movie of 2025. The James Gunn-helmed blockbuster was closing in on $600

Months after its debut sparked controversy, a 50 Cent-produced Netflix docuseries is now at the center of a lawsuit filed by a former s*x worker who appeared in the film. via: The Grio One alleged victim of Sean ‘Diddy’ Combs is suing Netflix and Curtis “50 Cent” Jackson for “distorting” his story in the “Sean Combs: The Reckoning” docuseries. Clayton Howard, one of the sex workers Combs allegedly hired for his “freak-off,” appeared in the viral Netflix project produced by Ja

The winner of America's Next Top Model Adrienne Curry didn't participate in the upcoming three-part Netflix docuseries, but she's offering her opinion on a doc she hasn't seen yet on social media. via: EW America's Next Top Model winner Adrianne Curry has compared the Tyra Banks-fronted modeling competition series to the "modeling Holocaust" in a new social media tirade. Amid news of Entertainment Weekly's exclusive debut of a new Netflix docuseries that's set to examine the

Netflix’s documentary reexamining the legacy of America’s Next Top Model is drawing early criticism from one famous former contestant: Adrianne Curry. via: People Curry, the first-ever winner of America’s Next Top Model , is speaking out after Netflix released the trailer for its upcoming docuseries examining Tyra Banks ' reality competition. In a series of posts shared to social media on Monday, Jan. 26, Curry explained that while she's "deeply grateful" to have won the ANT

A Queer Eye insider reveals what was said about Karamo Brown in hot mic moment, claims Porowski, France and Van Ness made comments about how Brown 'looked and dressed, but then it turned into complaining about what he tells the subjects on the show.' via: Daily Mail A feud has been brewing on the show Queer Eye, Netflix's resident feel-good series predicated on self-love and empowerment, but drama among its 'Fab Five' cast has suggested the show's positive message may have al

Tyra Banks is finally addressing the backlash surrounding her hit competition series, America’s Next Top Model. via: People The supermodel, 52, at the helm of the reality series, is among the show's personalities featured in Netflix's new docuseries, Reality Check: Inside America's Next Top Model. The documentary aims to deliver a definitive account of what really went on behind the scenes of America’s Next Top Model, which aired for 24 series from 2003 to 2018. "I knew I wen

Netflix has officially agreed to pay all cash for Warner Bros. Discovery‘s studios and HBO Max business — a move aimed at thwarting Paramount Skydance’s rival takeover campaign. via: Deadline The new offer still values Warners at $27.75 per share, but it removes the $4.50 Netflix stock element, which was part of the earthshaking agreement revealed last December. Discovery Global, the parent of cable networks CNN, TNT, Food Network and many others, is not part of Netflix’s pro

A Delaware judge on Thursday rejected Paramount Skydance's (PSKY.O), opens new tab bid to speed up its lawsuit demanding that Warner Bros Discovery (WBD.O), opens new tab better explain its decision that Netflix's (NFLX.O), opens new tab proposed $82.7 billion takeover was better than Paramount's own $108.7 billion hostile bid. via: Variety On Thursday, Delaware Chancery Court judge Morgan T. Zurn dismissed Paramount’s motion to expedite the lawsuit against WBD, which seeks d

The ongoing saga between Netflix and Warner Bros. Discovery has taken another turn, with the Wall Street Journal reporting that the streaming giant is preparing an all-cash offer for the media conglomerate. The move is reportedly designed to fend off Paramount Skydance’s hostile bid while also accelerating the timeline toward closing a potential acquisition . via: Deadline The shift would come as Paramount continues to tout its hostile $30-a-share all-cash offer for Warner B

Paramount Skydance on Thursday reiterated that its $108.4 billion bid for Warner Bros Discovery was superior to a rival deal from Netflix, saying the value of the cable spinoff central to the streaming giant's offer was effectively worthless. via: Variety Paramount Skydance‘s David Ellison is still trying to make its case to Warner Bros. Discovery shareholders that it’s the better suitor — after WBD’s board again rejected its latest takeover offer this week. In an announcemen

Once again, Warner Bros. Discovery has chosen Netflix as its preferred suitor over Paramount. via: Variety The song remains the same: Warner Bros. Discovery has turned down the latest acquisition offer by David Ellison’s Paramount Skydance, and WBD’s board is continuing to back the company’s deal with Netflix. On Wednesday, WBD officially responded to Paramount’s latest $30/share all-cash bid for all of Warner Bros. Discovery — its eighth takeover offer to date. Paramount Sky

Exhibitors have been pushing Netflix to make a real commitment to theatrical exhibition, especially as the streamer inches closer to completing its Warner Bros. acquisition, which would come with built-in contractual obligations to filmmakers. via: CBM The news broke late last year that Netflix had officially purchased Warner Bros. as part of a deal said to be valued at $82.7 billion. This was obviously a massively significant development that will alter the face of the entir

Viewers of Netflix's NFL Christmas Day game are accusing country star Lainey Wilson of copying iconic hitmaker Beyoncé's performance from the year prior. via: Daily Mail Lainey Wilson was accused of copying newly anointed billionaire Beyoncé's concept for her Christmas Day halftime show for the NFL game between the Minnesota Vikings and the Detroit Lions on December 25. Many fans claimed the country crooner took inspiration from Beyonce's costuming and concept from the Cowboy

Diddy may be looking to sue Netflix over the inaccurate stories spilled in their docuseries about the disgraced mogul. via: Deadline Sean Combs’ beef with Netflix and 50 Cent over Sean Combs: The Reckoning could add another court date to the All About the Benjamins performer’s already pretty full calendar. Amidst the abundance of sexual assault civil complaints the incarcerated Diddy is currently fighting plus a December 23 filed criminal case appeal, and new prison release d