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Netflix Abandons Warner Bros. Buyout, Paving Way For Paramount Takeover

Netflix Abandons Warner Bros. Buyout, Paving Way For Paramount Takeover https://ift.tt/v0EF54t Late last year, Netflix struck a deal with Warner Bros. to purchase most of the company's assets for $82 billion. Now, Netflix has chosen to abandon that deal rather than match the higher offer made by Paramount. That paves the way for Paramount to become the new owner of Warner Bros. Discovery, pending stockholder and regulatory approval. For the better part of two months, Warner Bros. refused to engage with Paramount, which briefly led the latter to file a lawsuit against the rival studio. Earlier this month, Netflix granted Warner Bros. a one-week period to reopen negotiations with Paramount . The Warner Bros. board subsequently decided that Paramount's higher offer was the better deal, and Netflix declined to keep bidding. "We believe we would have been strong stewards of Warner Bros.' iconic brands, and that our deal would have strengthened the entertainment industry...
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New Alien Movie Looks To Add Devs Star To

New Alien Movie Looks To Add Devs Star To Cast - Report https://ift.tt/iYkhGa0

Deadline is reporting that Cailee Spaeny is in talks to star in 20th Century's new Alien movie, with Fede Alvarez (Don't Breathe) directing and Ridley Scott's Scott Free producing. Their sources aren't saying much more about the production, and 20th Century had no comment.

Alvarez's pitch apparently impressed both 20th Century and Scott Free so they made this a top priority and an attempt is being made to get this production going and starting early next year. A recent script was delivered and the momentum has really started to pick up.

This would be the seventh Alien movie, not counting the Aliens vs Predator spin-offs. It's unclear of Spaeney's role so far but she's no stranger to sci-fi having been in Pacific Rim: Uprising and starring in FX's Devs, where she played a character that presents as male.

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