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Netflix to acquire Warner Bros. studio and streaming business for $72 billion

Netflix to acquire Warner Bros. studio and streaming business for $72 billion

NEW YORK (AP) — Netflix has struck a deal with Warner Bros. Discovery to buy the legacy Hollywood giant’s studio and streaming business for $72 billion. The merger, announced Friday, would bring two of the industry’s biggest players in film and TV under one roof. Beyond its namesake television and motion picture division, Warner owns HBO Max and DC Studios. And Netflix has rose to dominance as a household name ubiquitous to on-demand content, while building of its own production arm to release popular titles like “Stranger Things” and “Squid Game.” The cash and stock deal is valued at $27.75 per Warner share, giving it a total enterprise value of approximately $82.7 billion.… Continue Reading

Beyoncé will perform at halftime of Ravens-Texans Christmas Day game on Netflix

Beyoncé will perform at halftime of Ravens-Texans Christmas Day game on Netflix

LOS ANGELES (AP) — Beyoncé is coming to your home on Christmas — provided you have Netflix and are tuning in to the Ravens-Texans game. Netflix announced late Sunday that the megastar would perform during halftime of a Christmas Day matchup in her hometown of Houston. The streaming service didn’t reveal details about the performance but teased that it would likely feature guest appearances from her “Cowboy Carter” album, which delivered Beyoncé a leading 11 Grammy nominations earlier this month. Netflix is also streaming a Christmas day Kansas City Chiefs game, setting up the possibility that another of the world’s biggest stars, Taylor Swift, would be on the stream. Swift is dating Chiefs tight end Travis Kelce.… Continue Reading

Jake Paul, 27, beats 58-year-old Mike Tyson as the hits don’t match the hype

Jake Paul, 27, beats 58-year-old Mike Tyson as the hits don’t match the hype

ARLINGTON, Texas (AP) — Jake Paul won a unanimous decision over Mike Tyson as the hits didn’t match the hype in a fight between a young YouTuber-turned-boxer and the 58-year-old former heavyweight champion. All the hate from the pre-fight buildup was gone, with Paul even stopping to pay homage with a bow to Tyson before the final bell sounded at the home of the NFL’s Dallas Cowboys. The fight wasn’t close on the judge’s cards, with one giving Paul an 80-72 edge and the other two calling it 79-73. Tyson came after Paul immediately after the opening bell and landed a couple of quick punches but didn’t try much else the rest of the way.… Continue Reading

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