Paramount strikes deal to buy Warner Bros Discovery for $110bn
The deal was struck after Netflix walked away from a bidding war for the company. Source: https://news.sky.com/story/paramount-agrees-to-buy-warner-bros-discovery-in-110bn-deal-13513157
How Masters of the Universe Helped Sink Cannon Films
Back in 1987, an amazing success story, a billion-dollar franchise built on the back of a toy line, tried to conquer Hollywood. Instead, it crashed and burned in spectacular fashion at the box office. Not only did it fail to … Continued
James Cameron voices concerns over ‘disastrous’ Netflix-Warner Bros. deal in letter
The Titanic filmmaker wrote a letter to Senator Mike Lee, the chair of the Senate subcommittee on antitrust, competitive policy and consumer rights, on 10 February, warning that the theatrical experience could become “a sinking ship” if the streaming service … Continued
Next Narrative Africa Fund Founder Akunna Cook on Why Hollywood Needs an Africa Strategy
With $50 million to deploy and a first slate of projects set to be unveiled in March, Cook says the smart money should already be looking south. Source: Next Narrative Africa Fund Founder Akunna Cook on Why Hollywood Needs an … Continued
AI Video of Tom Cruise vs. Brad Pitt Has Top Writer Warning: “It’s Likely Over for Us”
A stunning viral video of Cruise vs. Pitt has ‘Deadpool & Wolverine’ screenwriter warning “Hollywood is about to be revolutionized/decimated,” as MPA calls for the company to cease its “infringing activity.” Source: AI Video of Tom Cruise vs. Brad Pitt … Continued
ByteDance Pledges to Curb AI Video Generator Tool Seedance After Legal Threats From Hollywood
The Chinese tech giant said it “respects intellectual property rights.” Source: ByteDance to Strengthen Seedance Safeguards After Hollywood Threats