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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...

Henry Cavill Won't Be Returning As Superman https://ift.tt/DiZMRgB Barely two months after Henry Cavill announced he would be returning to the role of Superman, subsequently stepping back from Netflix's The Witcher series, the actor has shared that he won't be returning to play the DC superhero, actually. The news comes as James Gunn announced his first Superman project, which would focus on the hero in his younger years. In his first big move since stepping up to lead DC's cinematic universe James Gunn will be writing a Superman prequel film that will follow a young Clark Kent during his time as a Daily Planet reporter, THR reports. "In the initial stages, our story will be focusing on an earlier part of Superman’s life, so the character will not be played by Henry Cavill," Gunn explained. "But we just had a great meeting with Henry and we’re big fans and we talked about a number of exciting possibilities to work together in the future." Continue Reading at GameSpot

Henry Cavill Won't Be Returning As Superman https://ift.tt/DiZMRgB

Barely two months after Henry Cavill announced he would be returning to the role of Superman, subsequently stepping back from Netflix's The Witcher series, the actor has shared that he won't be returning to play the DC superhero, actually. The news comes as James Gunn announced his first Superman project, which would focus on the hero in his younger years.

In his first big move since stepping up to lead DC's cinematic universe James Gunn will be writing a Superman prequel film that will follow a young Clark Kent during his time as a Daily Planet reporter, THR reports.

"In the initial stages, our story will be focusing on an earlier part of Superman’s life, so the character will not be played by Henry Cavill," Gunn explained. "But we just had a great meeting with Henry and we’re big fans and we talked about a number of exciting possibilities to work together in the future."

Continue Reading at GameSpot

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