Latest Entertainment News
Warner Bros. Discovery rejects Paramount again, backs Netflix megamerger
Warner Bros. Discovery’s board has again **rejected Paramount Skydance’s revised takeover bid**, telling shareholders it remains committed to an $82.7 billion cash‑and‑stock deal with Netflix. The board labeled Paramount’s $108.4 billion proposal a risky “leveraged buyout” that would add more than $50 billion in new debt, and said the Netflix merger offers better value and stability for the company and the wider entertainment industry.
Netflix–Warner deal poised to reshape Hollywood power structure
Under the proposed agreement, Netflix would acquire Warner’s **film and TV studios plus HBO/HBO Max** while spinning off linear networks like CNN and Discovery into a separate company. Analysts say the combination, valued at about $72 billion in equity and $82.7 billion in enterprise value, would create a dominant content and streaming powerhouse and intensify antitrust scrutiny in the U.S. and abroad.
Industry groups warn Netflix–Warner and Paramount bids threaten cinema ecosystem
Cinema United, representing over 60,000 movie screens, told a U.S. Congressional antitrust panel it is “deeply concerned” that Netflix’s acquisition of Warner could hurt moviegoers and theater workers by reinforcing streaming‑first release strategies. The group also raised similar alarms about Paramount’s offer, arguing that further consolidation could reduce jobs and diversity in filmmaking regardless of which bidder prevails.
Live Nation acquires Paris La Défense Arena, Europe’s largest indoor venue
Live Nation has confirmed it is **buying Paris La Défense Arena**, a 40,000‑capacity indoor venue and home to the French rugby club Racing 92. The concert giant plans significant production and fan‑experience upgrades as it integrates the arena into its global touring network, strengthening its position in the European live entertainment market.
Analysts map ‘new Hollywood order’ as Netflix pushes ahead with Warner takeover
Media analysts describe Netflix’s pursuit of Warner as one of the most **seismic shifts in Hollywood in decades**, signaling that streamers now lead industry consolidation. Commentary notes that traditional studios like Paramount and Universal lack the capital scale of Netflix, which increasingly “owns the platform and the content pipeline,” reshaping leverage for creators and legacy players in 2026.
Regulators brace for lengthy antitrust fight over competing Warner bids
Any merger between Warner and either Netflix or Paramount is expected to face **intense regulatory scrutiny** and could take more than a year to close. The U.S. Justice Department and overseas watchdogs are likely to examine potential harms to competition in streaming, theatrical distribution, and television, with outcomes that could modify or even block the deals.
Celebrity birthdays spotlight Noah Cyrus, Sam Riley and more
Entertainment outlets are marking birthdays for **musician Noah Cyrus**, who rose to fame with “Make Me (Cry)” and later earned a Grammy nomination, and actor **Sam Riley**, known for “Control.” Round‑ups highlight a range of film, TV, and music figures celebrating today, underscoring their past landmark roles and ongoing projects across Hollywood and global entertainment.
Dallas arts scene features ‘Snow White’ ballet and ‘Kimberly Akimbo’ musical
The Dallas cultural calendar is led by **Grand Kyiv Ballet’s “Snow White and the Seven Dwarfs”** at the Wyly Theatre, offering vivid costumes, technical choreography, and family‑friendly storytelling. Broadway Dallas is staging the Tony‑winning musical **“Kimberly Akimbo,”** alongside local productions and comedy shows, underscoring strong regional demand for live theater and stand‑up entertainment.
San Antonio lifestyle show highlights ‘Squid Game: The Challenge’ and local creators
Texas TV program **SA Live** is featuring an encore segment on Netflix’s reality competition “Squid Game: The Challenge” season 2, interviewing participants from San Antonio. The episode also promotes local food, drink, and Valentine’s‑themed experiences, illustrating how global streaming franchises intersect with regional lifestyle and entertainment coverage.
European broadcasters lead with mixed world, business and entertainment coverage
Euronews’ latest midday bulletin packages top stories from Europe and beyond, blending **world affairs, business updates, and cultural and entertainment segments** in one program. The format reflects how major outlets increasingly treat entertainment and culture as core news beats alongside politics and economics for global audiences.