
Latest Entertainment News
Netflix and Paramount in Billion-Dollar Bidding War for Warner Bros.
Netflix offered $82.7 billion to acquire Warner Bros. Discovery's studios and streaming assets, aiming to consolidate content and strengthen streaming dominance. In response, Paramount launched a $108.4 billion hostile takeover counteroffer to acquire the full company, citing stronger integration benefits and a quicker closure timeline. The battle highlights major streaming industry consolidation with regulatory scrutiny expected.
New Home Entertainment Releases Offered This December
Lionsgate released Aziz Ansari's comedy 'Good Fortune' for premium digital rental and sale, featuring a cast including Seth Rogen and Sandra Oh. Classic films like 'Anaconda' and 'Awakenings' have new 4K Ultra HD releases, while 'Emmanuelle' gets an extensive 4K and director's cut edition with significant special features.