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Amid Scrutiny, Tencent Ditches Paramount's Warner Bros. Bid

Regulatory concerns out of the US prompt Chinese tech firm to withdraw $1B investment

(Newser) - Tencent has withdrawn from Paramount Skydance's hostile bid to acquire Warner Bros Discovery, citing concerns over increased US regulatory scrutiny of foreign investment, according to a filing with the US Securities and Exchange Commission. The Chinese tech conglomerate had initially committed $1 billion to Paramount's Dec. 1 offer,...

Op-Ed: Warner Bros. Should Reject Both Big Offers

Essayist argues that neither Netflix nor Paramount should be allowed to buy studio

(Newser) - Now that Paramount and Netflix are competing to buy Warner Bros. Discovery with rival bids, which is the better choice? Columbia law professor Tim Wu opts for "none of the above" in a New York Times essay. "Either merger would be bad for the country, and both should...

Kushner Is Part of Paramount's Hostile Bid for Warner

Kushner's firm joins Ellison in $108B Warner Bros. Discovery bid

(Newser) - Jared Kushner's private equity firm, Affinity Partners, has surfaced as a key player in Paramount's hostile takeover attempt of Warner Bros. Discovery (WBD), according to a new regulatory filing cited by Axios . The disclosure comes after Paramount, under the leadership of David Ellison—whose father, Larry Ellison, is...

Paramount Strikes Back With Hostile Bid for Warner Bros.

Company goes straight to shareholders after Netflix deal is announced

(Newser) - Not so fast, Netflix. Paramount on Monday launched a hostile takeover bid for Warner Bros. Discovery, reports the Wall Street Journal . The move comes only days after Warner struck a $72 billion deal to sell key assets to Netflix. By taking its bid directly to shareholders, Paramount is bypassing Warner'...

Trump: I'll Be 'Involved' in Netflix-Warner Deal

President sounds a warning that Netflix might end up being too big

(Newser) - President Trump promised to be "involved" in the federal vetting of Netflix's potentially giant deal to buy Warner Bros. Speaking to reporters at the Kennedy Center on Sunday, Trump didn't tip his hand but sounded a warning that any such deal could end up making Netflix too...

As for Seeing Films in Theaters, Netflix Deal Could Be the End

Streaming is the priority of studios' new owner

(Newser) - There are long lists of potential winners and losers in the Netflix deal, which can prove short-sighted; the company's CEOs had to take time last week to assure investors that its acquisition of the Warner Bros. Discovery film and TV studios won't turn out to be a "...

Netflix Buying Warner Bros.? Cinema Owners Terrified
Hollywood Hates Netflix's
Plan to Buy Warner Bros.
the rundown

Hollywood Hates Netflix's Plan to Buy Warner Bros.

Cinema owners, filmmakers worried what it means for traditional theatrical releases

(Newser) - Make no mistake: It's a blockbuster. The deal announced Friday in which Netflix plans to buy the Warner Bros. Discovery film and TV studios has the potential to "transform Hollywood," as the Los Angeles Times puts it. And not everybody—particularly cinema owners—is happy about that....

Netflix Is Buying Warner Bros. for $72B
Netflix Just Made
a Huge $72B Buy

Netflix Just Made a Huge $72B Buy

Warner Bros. to split up before joining streaming giant

(Newser) - Netflix has agreed to acquire Warner Bros. for $72 billion in a cash-and-stock deal that's set to upend the entertainment landscape. Announced Friday, the agreement comes after Warner Discovery decided to split its storied movie studios and HBO Max streaming service away from its cable networks, including CNN and...

Diddy Claims Netflix Docuseries Is 'Illegal'

Netflix stands by Sean Combs: The Reckoning , executive-produced by 50 Cent

(Newser) - Sean "Diddy" Combs is lashing out at Netflix and 50 Cent over their new docuseries, calling the project a "shameful hit piece" and accusing the streaming giant of using unauthorized footage to sensationalize his life. The four-part series, Sean Combs: The Reckoning, executive-produced by rapper Curtis "50...

Users Peeved With Netflix's Latest Change

Phone-to-TV casting will only work with older Chromecast devices or Google Cast-supported TVs

(Newser) - Netflix users will no longer be able to cast shows from their phones to their TVs in most cases, as the company has quietly ended support for the feature . The move means viewers must now use the Netflix app on their TV and rely on their remote for playback controls,...

Coach Featured on Netflix Show Is Killed on Campus

John Beam of Laney College in Oakland has died after Thursday's shooting

(Newser) - John Beam, a football coach who gained national attention when featured on Netflix's Last Chance U , has died one day after being shot at Laney College in Oakland, reports the AP . Beam, 66, was shot Thursday at the community college, reports the New York Times . Police announced the arrest...

Netflix Drops First 5 Minutes of New Stranger Things

Preview of final season, which starts Nov. 27, revisits Will Byers in the Upside Down

(Newser) - Netflix is turning up the hype machine ahead of the debut for the final season of Stranger Things by releasing the first five minutes of the new season ahead of its premiere on Nov. 27. For fans who want a sneak peek, the opening scene is now available on Netflix'...

Bigelow Defends Nuke Thriller After Pentagon Pushback

Director says A House of Dynamite is grounded in realism

(Newser) - Kathryn Bigelow has responded to criticism from the Pentagon regarding her new Netflix film, A House of Dynamite, which dramatizes a failed US response to a nuclear strike. The director is defending the movie's portrayal of missile defense systems. She tells the Hollywood Reporter that her movies, including Zero ...

Netflix Is Doing What With Stranger Things Finale?

The 2-hour series ending will be shown not only on streaming platform, but also in theaters nationwide

(Newser) - The series finale of Stranger Things will go where no Netflix show has gone before: the big screen. The streamer announced that "The Rightside Up," the two-hour final episode of the sci-fi drama's fifth season, will be released not only on Netflix but also in more than...

Jane Goodall Had Final Wish for Musk, Trump, Putin

It involves a spaceship to Mars

(Newser) - In a candid final interview, legendary primatologist Jane Goodall shared some thoughts about powerful figures in the world—and they're not exactly warm and fuzzy. In the newly released Netflix special Famous Last Words , Goodall is asked whether there are people she doesn't like.
  • "Absolutely there
...

'Tinder Swindler' Nabbed After Years on the Lam

Shimon Hayut, accused of defrauding Berlin woman, faces extradition from country of Georgia

(Newser) - The man featured on Netflix's The Tinder Swindler , accused of conning women out of millions of dollars , has been arrested in the country of Georgia after years on the run. Shimon Hayut, an Israeli national who gained notoriety for allegedly scamming women he met online, was detained at...

Emily in Paris Assistant Director Dies During Filming

Diego Borella, 47, is believed to have suffered a heart attack

(Newser) - Filming for the Netflix series Emily in Paris is temporarily in limbo for the worst of reasons: an assistant director died on set, reports the Independent . Diego Borella, 47, collapsed during filming in Venice, Italy, on Thursday, during preparations for a scene at Hotel Danieli. Borella was pronounced dead...

Harry and Meghan's New Netflix Deal Comes With a Catch

It's a reduced, 'first look' arrangement for the Duke and Duchess of Sussex

(Newser) - Recent reports suggested Netflix would cut ties with Prince Harry and Meghan Markle at the conclusion of their five-year content deal next month, but the couple have managed to "swerve a major bad PR day," Newsweek reports. The Duke and Duchess of Sussex announced Monday that they've...

Interest in Docuseries Spikes During Epstein Files Debate

Other programs about the case also provide context

(Newser) - With the debate over releasing government files on sex criminal Jeffrey Epstein renewed, viewers are looking to documentaries for more information on the case. For the week of July 18-24, Netflix reports that its 2020 docuseries Jeffrey Epstein: Filthy Rich spiked in viewership, totaling 73.1 million minutes watched for...

Yosemite Experts Call Out Netflix Series' Wild Inaccuracies

Locals say Untamed gets national park's scenery, wildlife, activities all wrong

(Newser) - Netflix's latest hit murder mystery Untamed claims to bring the drama to Yosemite National Park—yet it's the show's wild inaccuracies about the iconic landscape that have real park experts up in arms. Led by Eric Bana as a brooding investigator and packed with scenic wilderness...

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