Business
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Warner Bros. Activist Investor Says Paramount Bid Is ‘Once in a Lifetime’ Opportunity
Ancora Alternatives president James Chadwick says the firm plans to grow its $200 million stake and is interviewing director candidates as it mulls a proxy fight over Netflix’s $83 billion deal
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Jason Momoa to Lead Sony’s ‘Helldivers’ Adaptation Set for Release in 2027
Justin Lin directs the movie, based on the bestselling video game franchise
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Propagate Content Secures $50 Million Investment From Ares Management
The deal values the studio behind Apple TV’s “Stick” and CNN’s “I’m Chevy Chase and You’re Not” at more than $200 million
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The Resistance Against the Netflix-Warner Bros. Merger Is Taking Root
Unions, trade orgs, and grassroots coalitions are working together to warn regulators of the damage any merger will do to entertainment workers
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Deals & M&A
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Nancy Guthrie Update: Person of Interest Released, Says ‘I Hope They Get the Suspect’
The Pima County Sheriff’s Department detained a man for questioning in connection with the disappearance of Savannah Guthrie’s mother on Tuesday, but he was not charged
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Activist Investor Ancora Holdings Builds $200 Million Warner Bros. Stake, Plans to Oppose Netflix Deal
The firm, which has accused the board of not adequately engaging with Paramount, is threatening to launch a proxy fight
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Paramount’s ‘Sweeter’ Bid Isn’t What Warner Bros. Investors Are Looking For | Analysis
David Ellison dresses up his prior bid with some new accoutrements, but the same core offer may disappoint shareholders
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Business
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Tom Hanks and Stephen Graham to Reunite for ‘Greyhound 2,’ Production Underway in Australia
Hanks also wrote the screenplay for the sequel
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‘Mummy’ Returns: Universal Sets Brendan Fraser and Rachel Weisz-Led Reboot for May 2028
“Scream 6” filmmakers Radio Silence are set to direct
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Warner Bros. Discovery Board to ‘Carefully Review and Consider’ Paramount’s Latest Amended Offer
David Ellison’s new $30-per-share bid includes a 25 cents-per-share ticking fee and a commitment to pay a $2.8 billion termination fee to Netflix
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Candle Media Sells ATTN: Back to Co-Founders
The sale of the digital media company’s majority stake comes a year after Candle unveiled plans to sell or take public its collection of brands
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Fox’s Red Seat Ventures Buys Podcast Creator Subscription Platform Supercast
The company will continue to operate autonomously under its founder and CEO Jason Sew Hoy and accelerate investment in product development, creator growth and team expansion
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Magnolia Picks Up Olivia Wilde Sundance Comedy ‘I Want Your Sex’
Gregg Araki’s first film in over a decade follows a famous artist who strikes up a sub/dom relationship with a young co-worker
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Paramount Sweetens Warner Bros. Discovery Bid, Offers to Pay $2.8 Billion Netflix Termination Fee
The company is adding a 25 cent per share ticking fee, which will give shareholders $650 million in cash for every quarter a deal isn’t closed after Dec. 31
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How Creators Are Changing the Sports Economy
The NFL and Olympics’ investment in creators is leading to larger, broader audiences and strategic partnerships
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Sports
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