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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...

WWE Superstar Bray Wyatt Suddenly Passes Away At 36

WWE Superstar Bray Wyatt Suddenly Passes Away At 36 https://ift.tt/uPxk50d

Windham Rotunda, known mostly to wrestling fans as Bray Wyatt, has passed away. He was only 36. Paul "Triple H" Levesque broke the news on his Twitter. No other details are available at the moment. Wyatt had become a top-level star in the company, winning both the WWE and Universal Championship during his time there.

Wyatt was out of action since late February with an unknown illness, but it had recently been reported that he was getting closer to getting cleared to return. He was a second-generation wrestler following his father, Mike Rotunda, who performed under the infamous 1990s villain, Irwin R. Schyster.

"Just received a call from WWE Hall of Famer Mike Rotunda who informed us of the tragic news that our WWE family member for life Windham Rotunda--also known as Bray Wyatt--unexpectedly passed earlier today," Triple H posted. "Our thoughts are with his family and we ask that everyone respect their privacy at this time."

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