A new scenario has surfaced in the ever-swirling speculation about Paramount Global’s fate.
21.12.2023 - 23:49 / variety.com
Jennifer Maas TV Business Writer Mega media merger mania is once again afoot in Hollywood with very, very early talks between Warner Bros. Discovery‘s David Zaslav and Paramount Global’s Bob Bakish about a potential merger of the two companies. Analysts and industry sources have already raised a number of questions about what a WBD-Paramount combo would look like and the effect it could have on the larger TV and film landscape.
The first piece of the puzzle in any serious integration plans would be sorting out what’s to be done with WBD and Paramount’s U.S. cable networks, MoffettNathanson’s team of media analysts wrote in a research note Thursday, after news of the merger talks broke Wednesday afternoon. “We think any regulatory review of a WBD/PARA combo would likely start with WBD’s domestic cable portfolio, which already accounts for a greater share of linear time viewed than that of any other company, even including broadcast networks,” the MoffettNathanson analysts write.
Warner Bros. Discovery is home to cable channels including Food Network, HGTV, TLC, TBS, TNT, Cartoon Network/Adult Swim, Discovery, Animal Planet, CNN, TCM, truTV, ID, OWN, among others, and co-owns Chip and Joanna Gaines’ Magnolia Network. Paramount’s cable assets are BET (which it is said to be in talks to sell), Comedy Central, Nickelodeon, MTV, VH1, Paramount Network, CMT, along with a handful of smaller networks.
A new scenario has surfaced in the ever-swirling speculation about Paramount Global’s fate.
EXCLUSIVE: Warner Bros has Paul Thomas Anderson set to direct Oscar winners Leonardo DiCaprio & Sean Penn and Oscar host Regina Hall in an untitled film that will begin production January 21 in California. Anderson wrote the script, and he will produce the film with Sara Murphy.
There aren’t many true movie stars in Hollywood anymore. Sure, there are A-listers, but there aren’t many people who actually can lend their name to a film and watch it become a hit just based on name recognition alone.
Coronation Street has confirmed what's really wrong with Joseph Brown after stepmum Gemma Winter-Brown was suspected of faking his ill health. It's been months now since Gemma was stopped seeing her children unattended after accidentally posining the youngster.
Harry Potter games following the success of Hogwarts Legacy.Speaking to Variety in a new interview, Haddad stated that not only was an already announced game based on the wizarding sport Quidditch in beta testing but that a “series of other things” are also in development which “will let the fans be part of this world and stories and characters in deeper and deeper ways.”Haddad spoke on the upcoming Harry Potter: Quidditch Champions, stating that they don’t have any “particular announcements on exactly how and when [the Quidditch game] is going to come to the market, but we are working to get it designed in a way just to delight fans.”He also spoke very briefly about the message that Warner Bros Discovery is giving to the gaming division, stating that they keep emphasising the “importance of franchises”.“There’s a unique and important games have in keeping our franchises relevant, resonant and exciting because there’s plenty of fans and plenty of people consuming content where games are their starting point, it’s their preferred form of content,” he explained.NME reviewed Hogwarts Legacy when it was released, stating that it was “fun and managed to get a lot of things right”, but that the game already felt “somewhat dated”.“It’s a stunning way to experience Hogwarts and the surrounding area and is probably the best representation for fans of the universe, regardless of the medium. Honestly, this is an exceptional piece of fan service and a loving recreation that for performance reasons and dated design, doesn’t quite come together,” our review read.In other gaming news, the face model for Mary Jane Watson in Marvel’s Spider-Man has called out the fanbase for harassing her.
Jennifer Maas TV Business Writer “Hogwarts Legacy” crossed 22 million copies sold by the end of 2023, with approximately 2 million of those units selling during the December holiday season, according to Warner Bros. Games. “But it’s not just the unit sold that I’m so proud of, it’s just that it delighted the fans so much,” Warner Bros.
Canal+ Group and Warner Bros Discovery have announced the renewal of their exclusive premium pay TV agreement for Warner Bros Pictures films.
Jennifer Maas TV Business Writer Warner Bros. Discovery corporate communications chief Nathaniel Brown is exiting the company. CEO David Zaslav announced the news in a memo to staff Friday.
Sandra Bullock fulfilled a promise she made to Bryan Randall this Sunday by releasing his ashes in a Wyoming river on what would have been his 58th birthday. The photographer passed away on August 5 after a three-year private battle with amyotrophic lateral sclerosis (ALS), a progressive neurodegenerative disease affecting nerve cells that control muscle movements.Sandra’s sister, Gesine Bullock-Prado, shared a touching video on Sunday, December 31, on Instagram along the Jackson Hole’s Snake River.
The movie star’s sister and Food Network host, Gesine Bullock-Prado, made an Instagram post on Saturday, claiming that Sandra honored his wishes and spread his ashes at Snake River in Jackson Hole, Wyoming.“Happy birthday, Bry. Sandy brought you to the river, just as she promised,” Bullock-Prado, 53, wrote along with a video of the still water. The Post has contacted a rep for Bullock for comment.
Todd Spangler NY Digital Editor A huge virtual world based on “Ready Player One,” a story set in a future where people enter into a virtual-reality simulation to escape the real world, is coming soon to a real (but, you know, virtual) platform near you. Futureverse, an AI and metaverse technology and content company, announced the formation of Readyverse Studios, a studio co-founded with Ernest Cline, the novelist and creator of “Ready Player One,” and Dan Farah, producer of the 2018 Warner Bros.
Sandra Bullock‘s sister, Gesine Bullock-Prado, has provided an update after the tragic death of Sandra‘s partner, Bryan Randall.
Editor’s note: Underplayed in the media intrigue over the prospect of Warner Bros swallowing Shari Redstone’s empire that includes Paramount and CBS is the gloomy reality that another storied Hollywood studio could go the way of Fox. That went from a vibrant multi-faceted creative content-generating enterprise to a headstone, when Rupert Murdoch decided to cash out for Disney stock. David Zaslav spent 2023 kicking employees and finished films to the curb to pay down debt just to get this far; chances are more blood will spill down Melrose if Redstone sells some or all the pieces of Paramount to be mashed into an existing studio. When Bill Mechanic was perched atop Paramount, Disney and Fox, he built Disney’s home video from a $30 million to $3 billion business, and found ways to take risks and squeeze max returns from blockbusters from Braveheart to Titanic, Independence Day and many others. Who better to remind Hollywood that once a major studio dies, it never comes back, and that there might be better ways to squeeze better performance out of an established creative business with global pipelines?
EXCLUSIVE: Production is about to be underway on Warner Bros/Vertigo/Legendary’s feature take on Mojang/Microsoft’s Minecraft in New Zealand, and sources are telling us that Jack Black is joining the cast of the Jason Momoa led movie.
Releasing three tentpole movies into December, Warner Bros is walking away with bragging rights to giving the holiday season an important boost – particularly given the absence of an Avatar or a Spider-Man as in recent years.
The year 2024 is finally here and the time has come for us to think about changes, big or small, that we’d like to make in our lives in the months ahead.
Ellise Shafer Warner Bros. Discovery has acquired Turkish streaming service BluTV, the company announced on Friday. For the past three years, Warner Bros.
Households all across the UK are set to see another rise in their energy bills in the new year.
Warner Bros. comedy “Barbie” capping off 2023 as the highest-grossing movie ($1.44 billion) and Universal‘s historical biopic “Oppenheimer” as the third-biggest hit (a staggering $951 million). Studios were (finally!) rewarded for bucking the overly familiar and embracing the new and novel.
Jennifer Maas TV Business Writer Hollywood had a rough year in many areas — but the stock market largely was not one of them. Wall Street is poised to finish out 2023 up double digits: As of Dec. 27, the S&P 500 index has climbed 25% year to date and is nearing an all-time high record close.