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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...

New Collector's Edition Tolkien Books Up For Preorder

New Collector's Edition Tolkien Books Up For Preorder https://ift.tt/AsuqmPd

The Hobbit, The Lord of the Rings Trilogy, and The Silmarillion are all getting multiple new collector's editions later this year, giving Tolkien fans a new way to display their favorite books in their home. Each of the books are premium hardcover editions featuring striking new cover designs, and some include interior illustrations or additional slipcases. All told, six revised books are launching in the coming months--and since they're bound to be popular, reserving a copy today is a solid idea. Here's a look at what's up for grabs.

These new hardcover editions aren't the only new Lord of the Rings releases fans have to look forward to. A new nine-disc 4K Blu-ray steelbook set of Peter Jackson's Lord of the Rings film trilogy is also set to launch on August 9. The massive $170 collection packs extended editions of The Fellowship of the Ring, The Two Towers, and The Return of the King in their latest 4K transfers, plus tons of bonus features. You can preorder The Lord of the Rings 4K Blu-ray Steelbook Collection at Amazon.

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