
"The Warner Bros. Discovery CEO feted LuckyChap champions Margot Robbie and Tom Ackerley among a consortium of media moguls including Oprah Winfrey, filmmaker Nancy Meyers, CAA head Bryan Lourd, and Saturday Night Live boss Lorne Michaels in L.A. on November 19. Al Pacino, Sandra Bullock, Jonah Hill, Bette Midler, and Kristen Wiig were also in attendance. The next day, Zaslav received the first round of offers to purchase WBD, per ."
"Paramount, Comcast, and Netflix all submitted bids, per The Hollywood Reporter. If Paramount wins out, it would be the second major studio purchased by David Ellison, the son of Oracle co-founder Larry Ellison. Comcast already owns Universal but could use WBD's HBO Max to take its domestic streaming service, Peacock, worldwide. The only reported buyer that doesn't already have a theatrical studio is Netflix, because the company refuses to put its movies in wide release."
Warner Bros. Discovery CEO David Zaslav hosted a high-profile Los Angeles gathering attended by top talent and industry executives including Margot Robbie, Tom Ackerley, Oprah Winfrey, Nancy Meyers, Bryan Lourd, Lorne Michaels, Al Pacino, Sandra Bullock, Jonah Hill, Bette Midler, and Kristen Wiig. The day after the event Zaslav received initial acquisition offers for WBD. Paramount, Comcast, and Netflix submitted bids, each with strategic rationales: David Ellison could acquire another studio for Paramount; Comcast could expand Peacock globally using HBO Max; Netflix would commit to theatrical releases if it acquires WBD. Additional bidding rounds and regulatory approval from the FCC are expected.
Read at Vulture
Unable to calculate read time
Collection
[
|
...
]