On December 17, 2025, the Warner Bros. Discovery (WBD) board of directors unanimously rejected a $108.4 billion hostile takeover bid from Paramount Skydance (a combined entity led by David Ellison). Instead of accepting this all-cash offer of $30 per share, the board reaffirmed its commitment to a competing merger agreement with Netflix, valued at approximately $82.7 billion (or $27.75 per share).
Hollywood is known for innovation. Dinosaurs, earthquakes, tornadoes, black holes – the movie industry has found ways to bring all sorts of wild and wonderful things to life. But what’s next? How can Hollywood get fans involved at a time when other modes of entertainment, like gaming and streaming TV, are eating up their time?
Fewer people are watching The Oscars, as this was the worst TV ratings performance since 2009. Still, Neil Patrick Harris was excellent as the host and his opening number had a planned interruption from Jack Black who went on a singing rant of everything that’s wrong with the movie business – too many superheroes and mindless sequels to start.
Still, it was cool to see an original film like “Birdman” take top honors.
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