
Latest Entertainment News
Warner Bros. Set to Reject Paramount's $108Bn Hostile Bid
Warner Bros. Discovery is preparing to reject Paramount's revised $108 billion takeover bid despite backing from Larry Ellison, preferring the Netflix deal valued at $82.7 billion with secured financing and fewer risks. The board views Paramount's offer as uncertain amid integration challenges and debt concerns in the streaming era
. Netflix's agreement includes strict breakup fees, making it more reliable
.
Netflix Advances on Warner Bros. Acquisition Amid Rivalry
Netflix's bid to acquire Warner Bros., HBO, and HBO Max has board approval but awaits shareholder and regulatory nods, potentially reshaping Hollywood. Paramount's hostile counteroffer faces resistance, with Warner prioritizing Netflix's straightforward execution
. The deal could raise antitrust issues and impact jobs in film and TV
.
Trump Escalates Culture War with Hollywood Appointments
President Trump appointed Jon Voight, Mel Gibson, and Sylvester Stallone as special envoys to revive the U.S. film industry, citing a 22.4% drop in LA production. Voight proposed federal tax credits to Gov. Newsom, while Stallone was honored at the 2025 Kennedy Awards under Trump's influence
. Trump celebrated CBS canceling Stephen Colbert's show amid Paramount's merger approval
.
Paramount-Skydance Merger Completes, Eyes Warner Bros.
The Paramount-Skydance merger finalized this year, enabling Paramount's aggressive bid for Warner Bros. Discovery. David Ellison, backed by his father Larry, sweetened the offer to $40.4 billion in equity, urging shareholders to tender by Jan. 21
. Saudi wealth fund involvement signals growing Middle East funding in Hollywood
.
A Minecraft Movie Tops 2025 Domestic Box Office
Jack Black's A Minecraft Movie led the 2025 U.S. box office, followed by live-action Lilo & Stitch and James Gunn's Superman. Jurassic World Rebirth and Wicked: For Good rounded out the top five domestic earners
. Anora won major Oscars as the romantic comedy-drama standout
.
KPop Demon Hunters Becomes Netflix's Most Popular Film Ever
The animated movie musical KPop Demon Hunters shattered records with over 236 million views, topping Netflix's Most Popular English Films list. Other conversation-starters included Ryan Coogler's Sinners, Paul Thomas Anderson's One Battle After Another, and Zach Cregger's horror hit Weapons
. It defined 2025's cultural zeitgeist on streaming
.
Shock Splits Rock Hollywood: Katy Perry, Austin Butler Part Ways
Katy Perry split from her partner in July, while Austin Butler and Kaia Gerber broke up early in the year. Other separations included Jessica Alba-Cash Warren, Sydney Sweeney-Jonathan Deino, Dakota Johnson-Chris Martin, and more
. 2025 delivered dramatic celebrity breakups
.
Saudi Arabia Emerges as Key Hollywood Funding Source
Saudi sovereign wealth fund backed major 2025 deals like Paramount's Warner bid, Electronic Arts buyout, and Arena SNK Studios. This re-emergence highlights shifting global investment in entertainment amid industry shakeups
. It adds to merger complexities
.
Trump Honors Stallone, KISS at Kennedy Awards
Sylvester Stallone received honors at the 2025 Kennedy Awards, with Trump deeply involved in selections alongside George Strait, KISS, Michael Crawford, and Gloria Gaynor. Trump took control of the Kennedy Center earlier this year
. Stallone praised Trump's achievements
.
Late-night Shakeup: Trump Celebrates Colbert Show Cancellation
CBS canceled Stephen Colbert's Late Show as a 'financial decision' during Paramount's merger with Skydance, which Trump approved. Trump posted joy on TruthSocial, predicting Jimmy Kimmel next due to low ratings
. It ties into his Hollywood influence push
.
Hollywood 2026 Storylines: Mergers, Box Office Swings Ahead
Key 2026 watchpoints include Warner Bros. saga resolution, Saudi funding growth, and volatile theatrical box office. Industry faces ups and downs from mergers like Paramount's Warner bid and Netflix rivalry
. Predictions signal major changes
.