Not so fast, Paramount. After a long, tumultuous fight for Warner Bros. Discovery, the Hollywood giant has finally bested rival bidder Netflix but now faces a new challenge: Winning over regulators. The competition concerns are big. Paramount’s buyout of Warner Bros. would reshape Hollywood in a way that Netflix never threatened to do.
Word had barely spread about Paramount’s apparent victory in the competition to buy Warner Bros. Discovery before CNN chief Mark Thompson wrote to staff members. His message, in effect: Keep calm and carry on.
Like so many sectors of the economy, the news industry is hurtling toward a future where artificial intelligence plays a major role – grappling with questions about how much the technology is used, what consumers should be told about it, whether anything can be done for the journalists who will be left behind.
LOS ANGELES (AP) – Benson Lu’s life revolves around Pokémon. The 26-year-old has played the mobile game Pokémon Go every day for a decade, watches the animated show every week, goes to the local card shop in his Los Angeles suburb to play the brand’s trading card game every week, and has a collection of cards worth more than $70,000.
Two of Hollywood’s oldest studios may be consolidating into one. In a shocking twist after a monthslong bidding war, Paramount has emerged as the apparent victor in the fight to acquire Warner Bros.
Pop singer Pink says she is not separated from her husband, former pro motocross racer Carey Hart, despite reports suggesting otherwise. People was first to report the story based on an unnamed source Thursday, under the headline, “Pink Separates from Carey Hart for Second Time After 20 Years of Marriage: Source (Exclusive).”
NEW ORLEANS (AP) – Actor Shia LaBeouf has been charged with battery and is accused of repeatedly using homophobic slurs while hitting multiple people at a New Orleans bar during Mardi Gras, according to a police report.
NEW YORK (AP) – Luke Grimes thought he’d said goodbye to stoic Kayce Dutton. The universe of “Yellowstone” had other ideas. In the hit show’s fifth and final season in 2024, Dutton rode off into the proverbial sunset at peace, building a new life ranching on his own terms with his wife and son. “I thought, ‘This is it,'” says Grimes.
NEW YORK (AP) – Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.
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