Destination
Warner Bros Discovery slashes gaming business, closing three studios

Warner Bros Discovery made sweeping cuts to its games division today, closing three studios and ending development on its planned Wonder Woman project. Monolith Productions, Player First Games and WB Games San Diego will be shuttered due to a “disappointing 2024” for WB's gaming business, according to an internal memo from JB Perrette, the company's CEO and president of global streaming and games. Bloomberg broke the news of the restructuring.<br /> Monolith Productions made two well-regarded Lord of the Rings games, Middle-Earth: Shadow of Mordor and Shadow of War. The studio was going to apply its popular Nemesis system from those titles to a Wonder Woman game, which was announced back in 2021.<br /> WB acquired Player First Games last year. The team was respons [...]

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Destination
The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else

Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theat [...]

Match Score: 235.83

Destination
David Ellison extends deadline for Warner Bros. Discovery takeover offer

Paramount Skydance CEO David Ellison is apparently still hopeful that investors will approve his $108.4 billion hostile takeover of Warner Bros. Discovery. Paramount Skydance announced Thursday that i [...]

Match Score: 235.02

Destination
The new Warner Bros. and Discovery Global would like you to forget Warner Bros. Discovery

Earlier this summer Engadget covered the news that Warner Bros. Discovery would split into two giant media companies. Today the conglomerate announced the names for the restructured entities.<br /& [...]

Match Score: 229.65

Destination
Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup

Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier to [...]

Match Score: 202.35

Destination
Paramount makes a $108 billion hostile takeover bid for Warner Bros. Discovery

Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It's making [...]

Match Score: 186.80

Destination
Netflix backs out of Warner Bros. Discovery bidding war

For anyone who has been following the soap opera unfolding between Netflix and Paramount Skydance over the past few months in their financial brinksmanship to acquire Warner Bros. Discovery, the saga [...]

Match Score: 169.55

Destination
Paramount reportedly wants to acquire Warner Bros. Discovery, antitrust law be damned

Paramount Skydance, apparently now in a state of permanent merger, plans to make a bid to acquire Warner Bros. Discovery, The Wall Street Journal reports. The company was recently formed following Sky [...]

Match Score: 166.10

Destination
Warner Bros. Discovery pulled the original Looney Tunes shorts off Max

The original Looney Tunes animated shorts that aired between the 1930 and 1969 are no longer available to stream on Max, Deadline reports. Warner Bros. Discovery removed them from the streaming servic [...]

Match Score: 160.17

Destination
Warner Bros. Discovery will split into two media giants

Warner Bros. Discovery (WBD) has announced that it will be splitting up into two separate media companies. The new structure will see one entity retain Warner Bros. film, television and game studios, [...]

Match Score: 156.00