RedBird Reshapes Streaming Landscape with Major Studio Deals
Friday: RedBird helps Paramount pry Warner Bros. away from Netflix. Monday: RedBird helps Artists Equity ink major streaming deal with Netflix.
Warner Bros. Chooses Paramount Over Netflix, Matching Window Opens
To explain this in English: Warner Bros. has decided that Paramount's offer is better than its Netflix deal, but Netflix has a window to match or best Paramount. Does Netflix stick with it? Or will it bail? https://t.co/W9rTU1YRbY
Paramount Accepts Warner Offer, Pursues Tender and Proxy Fight
New: Paramount is taking Warners up on its offer. Says in statement that it's "prepared to engage in good faith and constructive discussions" while also proceeding with tender and proxy fight.
FTC Clears Sony’s $460M Purchase of Peanuts Franchise
The FTC has signed off on Sony's $460 million deal to acquire the Peanuts franchise, per a Hart-Scott-Rodino filing. Deal was announced in December. https://t.co/Y9ayPm2bI8