Eywa as his witness, James Cameron has pledged to make movies for theaters so that side of the business stays alive.

A hostile bid from Paramount came after Netflix struck a deal with Warner Bros.

By Harshita Mary Varghese, Aditya Soni and Dawn Chmielewski Dec 8 (Reuters) - Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.

Interviews with dozens of actors, producers and camera crews reveal an industry attempting to weigh the lesser of two horrible choices.

Saturday Night Live” opened this week’s episode with Donald Trump commenting on the battle to buy Warner Bros. Discovery - by asking why anyone would even want to buy the studio: “They’ve got one of the worst studio lot tours in LA,

"Wow. I gotta say, if my company's got that kind of green, I'm sure they can afford to uncancel one of their best shows," the host said.

The M&A saga captivating Hollywood made some dramatic twists. And what’s ailing Campbell’s soup? Plus, why are investors jumpy again about AI? I discuss the biggest stock moves of last week and the news that drove them.