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Netflix walks away from its deal to buy Warner Bros. after Paramount came back with a better offer

Netflix has dropped its $83 billion deal to acquire the Warner Bros. studio, HBO, and its streaming service HBO Max. In an announcement on Thursday, co-CEOs Ted Sarandos and Greg Peters say the streamer is “declining to match” the new bid made by Paramount: The transaction we negotiated would have created shareholder value with a […]

Netflix, News, Policy, Politics, Streaming, Tech, Tech News

Trump says Netflix will ‘pay the consequences’ if it doesn’t fire Susan Rice

Donald Trump threatened that there would be “consequences” for Netflix if it didn’t fire board member Susan Rice. Rice served in both the Obama and Biden administrations, and recently appeared on Preet Bharara’s podcast, where she said corporations that “take a knee to Trump” are going to be “caught with more than their pants down. […]

Entertainment, Netflix, News, Streaming, Tech, Tech News

Warner Bros. Discovery gives Paramount one week to present its ‘best and final’ offer

After rejecting Paramount’s latest acquisition bid, Warner Bros. Discovery says it’s giving the David Ellison-led entertainment giant seven days to make its “best and final” proposal. Though WBD is reopening negotiations with Paramount, the company makes it clear in a press release that it still favors Netflix’s $82.7 billion deal to purchase its studio and […]

Creators, Netflix, Streaming, Tech, Tech News, TikTok

A Star is born

Two hours before one of the most important live events in Netflix’s history, LA’s sprawling CBS Radford Studio Center is abuzz with the strangest combination of things. As I walk through one cavernous soundstage on a Tuesday afternoon, I hear multiple people warming up their voices to sing. I pass a man carefully waving a […]

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