Page 3 - Warner Bros

What Netflix's acquisition of Warner Bros means for the future of movies

Netflix's deal to acquire Warner Bros, one of Hollywood's oldest movie studios, poses seismic shifts to the entertainment industry and the future of moviegoing. As one of the remaining big five studios, the 102-year-old Warner Bros is an essential part of movie theatre business. The studio currently boasts three of the top five earning films domestically, including A Minecraft Movie in first place, Superman and Sinners, as well as the Oscar frontrunner, One Battle After Another. There are more questions than answers about how ownership from a streaming giant would change things for Warner Bros. It's not even clear if it will pass antitrust scrutiny, or, if it does, what the details will look like. Here are some things to know, and lingering questions, in the wake of the news. Will Warner Bros. continue releasing movies in theatres? Yes, but it might change as well. For starters, it'll be at least 12 to 18 months before the deal officially goes through and moviegoers can expect ..

Netflix's Warner Bros. takeover sets up $72 billion antitrust test

By choosing Netflix, Warner Bros. has jilted another bidder, Paramount Skydance Corp., a move that risks touching off a political battle in Washington

Netflix-Warner deal threatens cinema, 'must be blocked': Hollywood writers

The worries raised by the movie and TV industry's biggest trade groups come against the backdrop of falling movie and TV production, slack ticket sales and steep job cuts in Hollywood

Netflix's $5.8 billion breakup fee for Warner ranks among largest ever

Netflix's multibillion-dollar pledge is also a sign of how heated the bidding war got for control of the iconic Hollywood studio

Netflix in exclusive talks to buy Warner Bros Discovery assets at $28/share

Netflix is aggressively diversifying beyond its core subscription model to drive new revenue streams

Warner Bros gets mostly cash offer from Netflix, auction to conclude soon

Last week, Warner Bros asked bidders to submit improved offers by December 1 after receiving preliminary buyout bids from Paramount Skydance, Comcast and Netflix

Netflix, Comcast, and Paramount submit bids for Warner Bros Discovery

The submissions meet a Nov. 20 deadline for a first round of bids set by the board of Warner Bros. Discovery, the parent of HBO, CNN and the Warner Bros. movie and TV studios

Paramount, Comcast and Netflix weigh bids as deadline nears for Warner Bros

Warner Bros. said it would evaluate strategic options last month after receiving interest in all or part of the business from multiple suitors. The first round of bids are expected today

Netflix exploring bid for Warner Bros Discovery studio, streaming business

Owning Warner Bros' studio business would give Netflix control over some of Hollywood's most successful stories and characters, including the Harry Potter and DC Comics franchises

Warner Bros. Discovery sale unlikely to impact Indian market majorly

Experts say Warner Bros Discovery's potential sale or restructuring will not have a major effect on India, where its presence remains relatively small and partnership-driven

Warner Bros heads for sale as Hollywood fears end of iconic studio

Warner Bros. has been sold and resold over the decades. AT&T gained control in 2018 as part of its $85.4 billion purchase of Time Warner. Discovery, a cable television company, took over in 2022

Warner Bros rebuffs Paramount's initial takeover approach, citing low offer

Paramount, led by David Ellison, has several options, including boosting its bid, going directly to shareholders or finding additional backing through a financial partner

Disney, Warner Bros Discovery sue China's MiniMax over copyright violation

Disney, Universal, Warner Bros Discovery sue China's MiniMax for copyright infringement

Paramount Skydance weighs $30 bn move for Warner Bros Discovery takeover

Paramount Skydance, backed by billionaire Larry Ellison, is weighing a $30 billion bid for Warner Bros Discovery, a move that could unite Hollywood giants and reshape global media landscape

Paramount-Warner merger deal would face regulatory, financing hurdles

A merger of the two would shrink Hollywood's major legacy studios to four and unite some of the biggest names in news, movies and TV, inviting regulatory scrutiny

Warner Bros sues Midjourney for AI images of Superman, Bugs Bunny

It's the third big Hollywood studio to sue Midjourney in Los Angeles federal court after Disney and Universal filed a joint lawsuit in June

Warner Bros' credit rating downgraded to junk by Fitch on split-up

On Monday, the entertainment conglomerate announced plans to split into two publicly traded companies

Warner Bros. Discovery to split, dividing cable, streaming services

Warner Bros. Discovery will split into two public companies by next year, calving off its cable operations from its streaming service. Warner Bros. Discovery said Monday that Streaming & Studios will include Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their film and television libraries. The Global Networks company will include CNN, TNT Sports in the US, and Discovery, top free-to-air channels across Europe, and digital products such as the Discovery+ streaming service and Bleacher Report. Warner Bros. Discovery CEO David Zaslav will serve as CEO of Streaming & Studios. Gunnar Wiedenfels, chief financial officer of Warner Bros. Discovery, will serve as CEO of Global Networks. Both will continue in their current roles until the separation. The split is expected to be completed by the middle of next year.

Max to offer sports, news content at no additional cost for users

As customers shift from cable TV networks to streaming services, media companies such as Warner Bros Discovery are seizing the opportunity to gain market share and attract advertisers

Warner Bros to open its largest Harry Potter studio tour in Shanghai

The country already has one Harry Potter attraction, the Wizarding World of Harry Potter area at Universal Studios in Beijing, which opened in 2021