Ellison takes Paramount, Warner Bros. case
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Paramount promised to release more than 30 films theatrically as the company launched its hostile takeover bid for Warner Bros. Discovery. In a call with press and investors on Monday, the company said it will also honor “healthy traditional windows.”
With the sale to Netflix, exhibitors were worried the streaming behemoth would take a sledgehammer to the theatrical window — the term for the amount of time a movie plays exclusively in cinemas. After all, Netflix’s CEO Ted Sarandos had spent the last ...
Two of Hollywood’s oldest studios may be consolidating into one. In a shocking twist after a monthslong bidding war, Paramount has emerged as the apparent victor in the fight to acquire Warner Bros. Netflix, who backed away from the deal Thursday, had ...