#paramount

#paramount

State of play: WBD' s board has 10 days to respond to a hostile takeover bid from Paramount, launched Monday after WBD announced a deal to sell its studio and streaming businesses to Netflix for $83 billion. While the board has said it believes Netflix's offer was superior to Paramount's for financial reasons, it will need to weigh whether choosing to reject Paramount's tender offer could invite shareholder lawsuits.

Although the US Department of Justice (DOJ) holds the power to block mergers that it deems to go against antitrust laws, Trump's influence over the DOJ can't be overlooked. While Paramount previously seemed to establish a good relationship with the president, Netflix co-CEO Ted Sarandos may have done the same recently. Sarandos "spoke with the president in the last couple of weeks in a confab that lasted about two hours," The Hollywood Reporter reported on Sunday, citing "multiple" anonymous sources.

The battle for Warner Bros. is not over yet. After Netflix announced on Friday that it would buy the majority of the Warner Bros. entertainment assets, Paramount on Monday announced that it would offer billions more to buy the entirety of Warner Bros. Discovery as part of a hostile takeover bid. Specifically, Paramount is offering $30 per share, compared to $27.75 from Netflix. That works out to $18 billion more in cash than Netflix.

On Tuesday, news emerged via Puck that Paramount-and its new CEO, the Trump-friendly David Ellison-is going to produce a fourth installment of the Rush Hour franchise, after Trump personally pushed Ellison to make another one of the action comedies. When Trump's wish came true, Puck's man in Hollywood, Matthew Belloni, wrote that the president deserved an executive producer credit for making this all happen. "Get ready for the dumbest possible state-controlled media," Belloni added.

Bowing to pressure from Donald Trump, Paramount has committed to distributing Rush Hour 4 with Brett Ratner directing, Matthew Belloni of Puck reports. Jackie Chan, 71, and Chris Tucker, 54, would return to star. Paramount is considering purchasing Warner Bros. Discovery, which would require FCC approval. And Paramount is no stranger to that process, kowtowing to the White House ahead of a merger with Skydance.

Mission: Impossible - The Final Reckoning will be available to stream on Paramount+ beginning December 4th in the United States and Canada. Billed as the final installment in the long-running franchise, the Christopher McQuarrie-directed film centers around Tom Cruise's IMF agent Ethan Hunt as his team faces off against an AI threat, referred to as The Entity, that aims to end the world. Cruise is joined by returning stars Ving Rhames, Simon Pegg, Hayley Atwell, and Angela Bassett.

I can understand why people would have that reaction because CBS or the parent corporation - I'm not going to say who made that decision, because I don't know; no one's ever going to tell us - decided to cut a check for $16 million to the president of the United States over a lawsuit that their own lawyers, Paramount's own lawyers, said is completely without merit.

Like trees shedding tree bark or the ocean giving up on water, MTV will cancel Ridiculousness, a show that across 46 seasons and more than 1,700 episodes came to dominate MTV's programming. Launched in 2011 and hosted by Rob Dyrdek, Ridiculousness featured panel discussions about viral videos. As the show took over more and more of MTV's schedule, it became the poster child for how social media was eating the rest of culture,

"final negotiations"

How could the Free Press-the total editorial output of which on a given day amounts to one or two reheated versions of "The Kids These Days Are Crazy," something like "Liberal Mayors Keep Lying About The 'Black Issue,'" and "How This IDF Wife Is Balancing Motherhood And Killing Child Terrorists"-be worth a reported $150 million, and why is its oafish founder about to oversee a huge press operation? Respectively: It isn't, and she shouldn't.

Stars are beginning to walk the red carpet at the 77th Primetime Emmy Awards. Comedian Nate Bargatze will host television's biggest awards Sunday night from the Peacock Theater in Los Angeles. Will the acclaim for Adolescence carry it to limited series dominance, or will The Penguin complete a run that began with big nomination numbers and continued with a big performance at the Creative Arts Emmys? Will top overall nominee Severance reign like Succession and Shogun did before it? And can any comedy stop The Studio?

For his remake of Ang Lee's 1993 romantic comedy, director Andrew Ahn put an even queerer spin on The Wedding Banquet. Kelly Marie Tran, Lily Gladstone, Han Gi-chan, and Bowen Yang star as a two couples living together. Tran and Gladstone's Angela and Lee are trying to have a child while Gi-chan's Min is being asked by his grandmother (Youn Yuh-jung) to return home to Korea, which would mean leaving his boyfriend (Yang) behind.

Canceling a TV show after already renewing it may not be the original sin, but surely Dante would have something to say about it. Paramount canceled prequel series Dexter: Original Sin on August 22, after previously renewing the show in April, per . The show follows the titular serial killer in his youth, starring Patrick Gibson, with the original Dexter, Michael C. Hall, voicing the narrator.