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KRIS AVALON

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Jon M. Chu Moves First-Look Film and TV Deal to Paramount
Jon M. Chu is taking his talents to Paramount Skydance. The “Wicked” director has inked a multi-year first-look film and TV deal with the David Ellison-led studio. via: The Wrap Chu previously had a deal at Warner Bros. Discovery. He is currently co-directing a feature film adaptation of Dr. Seuss’s “Oh the Places You’ll Go” for Warner Bros. Pictures Animation and is in development on the “Crazy Rich Asians” stage production with Warner Bros Theatre Ventures. The new pact wil
Kris Avalon
Dec 3, 20252 min read


Paramount Skydance’s Latest Bid for Warner Bros. Discovery Backed by Three Middle Eastern Wealth Funds
Paramount Skydance is reportedly preparing a bid to acquire Warner Bros Discovery. via: Variety The second round of offers for all or part of Warner Bros. Discovery are in from Paramount Skydance , Netflix and Comcast . And the new, higher offer for all of WBD from David Ellison’s Paramount is backed in part by the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi, sources tell Variety . The dollar amounts of the higher bids submitted Dec. 1 from Paramount Skydanc
Kris Avalon
Dec 2, 20253 min read


Warner Bros. Discovery Enters Second Round Of Bids In Sale; Asks For Higher Offers From Interested Parties
Warner Bros. Discovery has asked bidders to submit a sweetened second round of offers by Monday, Dec. 1 . via: Variety News of Warner Bros. Discovery’s deadline for the second round of bidding was first reported by Bloomberg News. Following the submission of the new bids, the company “may enter a period of exclusive negotiations with one of the companies,” per Bloomberg’s report. The first-round offers for WBD were submitted last Thursday, Nov. 20, from Paramount Skydance, Co
Kris Avalon
Nov 26, 20252 min read


And So It Begins: Paramount, Netflix And Comcast Formally Submit Bids For Warner Bros. Discovery
Warner Bros. Discovery is about to dive into the nitty-gritty work of deciding whether to sell itself — in whole or in part. via: Deadline Multiple sources confirmed the bidding to Deadline, with the word coming as a deadline for non-binding bids arrived on Thursday. There will be another round, after the particulars are hashed out, when bidders will be asked if they want to submit final, binding offers. While it comes as little surprise, the chase for WBD promises to remake
Kris Avalon
Nov 21, 20253 min read


Paramount Said To Have List Of Actors It Will Not Work With Due To Them Being “Xenophobic” And “Homophobic”
Paramount-Skydance chief David Ellison isn’t afraid to get in the ring. via: CBR Paramount has been in the headlines over the past few months due to its heavy push to acquire Warner Bros. Discovery, as well as its ambitious expansion plans following its merger with Skydance. From this, a lot of reported information has come out about the company. A recent report from Variety detailing Paramount CEO David Ellison's first 100 days at the company has provided considerable insigh
Kris Avalon
Nov 11, 20252 min read


Paramount Has Blacklist for Stars Deemed “Overtly Antisemitic”
Apparently, Paramount has a blacklist, and stars who have been vocal or stood in support of Palestine are on it. According to a report by Variety, the juggernaut studio responsible for movies like Top Gun has a “list of talent it will not work with“. via: World of Reel It sure looks like the likes of Javier Bardem, Joaquin Phoenix, Emma Stone, and Mark Ruffalo won’t be making movies for Paramount in the foreseeable future. Under the newly appointed head honcho David Ellison,
Kris Avalon
Nov 5, 20252 min read


Warner Bros. Discovery Merging With Paramount Could Reportedly Trigger A “Presumption Of Illegality”
Whether it is Paramount, Netflix or Comcast, Warner Bros.’ prospective acquisition by another major Hollywood studio represents a “red alert” crisis for already-struggling movie theaters that could lead to antitrust legal action or protest from global exhibitors who would suffer from fewer movies in theaters, they told TheWrap. via: CBM Another interesting development has come up regarding the sale of Warner Bros. Discovery. Paramount has been the top candidate to acquire the
Kris Avalon
Nov 5, 20253 min read


Trump Brags About Getting Paid “A Lot Of Money” By Paramount & Praises New CBS Owners In Unaired Clip From Wide-Ranging ’60 Minutes’ Interview
Donald Trump‘s wide-ranging 60 Minutes interview did not include one moment, when he praised the new owners of CBS-parent Paramount and the “great new leader” put in charge of the news division, Bari Weiss. via: EW Trump is very happy about his $16 million settlement from CBS — a feeling he went on 60 Minutes to share. The 45th and now 47th president of the United States sat down on Sunday for a sweeping interview with journalist Norah O'Donnell on 60 Minutes, the very same p
Kris Avalon
Nov 3, 20252 min read


Paramount Exploring Bid For Warner Bros. Discovery
Here we go again? via: Deadline The just merged Paramount Skydance is exploring a bid to acquire Warner Bros. Discovery, heralding...
Kris Avalon
Sep 11, 20252 min read


Paramount Global Drops Plans to Sell Majority Stake in BET, Claims Tyler Perry's Bid Was Too Low
Paramount Global has scrapped an auction of Black Entertainment Group as bids from prospective buyers including media mogul Tyler Perry...
Kris Avalon
Aug 17, 20233 min read


Paramount Cuts 25% Of Staff From TV Networks, MTV News Shutting Down
Nostalgic news site MTV News is coming to an end, after it became a casualty of the 25% of staff layoffs conducted by Paramount Global....
Kris Avalon
May 9, 20232 min read


Smile 2 Officially In The Works At Paramount Pictures
Today during Paramount Pictures panel at Cinemacon, it was announced that a sequel to the hit 2022 horror film Smile is in development....
Kris Avalon
Apr 27, 20232 min read


Mo'Nique Sues CBS, Paramount Over The Parkers Back Royalties
Coming off a successful Netflix comedy special, Oscar winning actress and comic Mo'Nique has revealed that she's suing Paramount and CBS...
Kris Avalon
Apr 12, 20232 min read


Sean Diddy Combs Interested In Purchasing BET
Media moguls Tyler Perry and Byron Allen aren't the only ones looking to get their hands on BET, because now Diddy is throwing his cap in...
Kris Avalon
Mar 13, 20233 min read


Paramount Moves Scream 6 To Earlier Release Date
Initially slated for a March 31, 2023 release date, Paramount has opted to move their Ghostface Takes Manhattan slasher Scream 6 to March...
Kris Avalon
Nov 4, 20221 min read
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