Paramount Skydance Alleges Warner Bros. Discovery Sales Process ‘Has Been Tainted by Management Conflicts’ That Favor Netflix Bid

The cast of 'Stranger Things' reacted positively to a significant twist revealed during a recent table read for the show's fifth and final season, as shared in a behind-the-scenes video by the Duffer Brothers on Netflix's official YouTube channel. This development marks a pivotal moment as the series prepares for its concluding episodes.

Netflix has experienced a tumultuous week as it navigates the theatrical landscape, highlighted by the disappointing box office performance of Rian Johnson’s 'Wake Up Dead Man: A Knives Out Mystery,' which grossed over $4 million during the Thanksgiving weekend, contrasted with the successful presales for the 'Stranger Things' series finale event on New Year’s Eve.

A group of prominent industry figures has sent an open letter to Congress expressing concerns over Netflix's potential acquisition of Warner Bros. Discovery, warning that it could severely disrupt the theatrical marketplace. The letter highlights fears of an economic and institutional crisis in Hollywood if the deal goes through.

Netflix has announced the production of 'Tygo,' an action thriller featuring Blackpink member Lalisa 'Lisa' Manobal alongside Korean actors Don Lee and Lee Jin-uk. This project expands the popular 'Extraction' franchise, showcasing the talents of Korean filmmakers within Netflix's successful action genre.

Netflix has released the official trailer for the documentary 'Elway,' which chronicles the life and career of Denver Broncos quarterback John Elway. The film highlights his journey from being drafted by the New York Yankees to achieving Super Bowl victories, showcasing his determination and resilience in the NFL.

Paramount has accused Warner Bros. Discovery of involving European Commission members to undermine its bid in the ongoing auction for the company, which has become increasingly contentious as the deadline approaches.

Paramount has raised concerns regarding the sale process of Warner Bros. Discovery (WBD), claiming it is biased and favors Netflix. In a letter to CEO David Zaslav, Paramount argues that WBD has deviated from a fair transaction process, which could undermine the integrity of the bidding environment.

Netflix has released the official trailer for 'The Great Flood,' a Korean apocalyptic sci-fi disaster film that depicts a massive flood threatening humanity's survival. The film, which premiered at the 2025 Busan Film Festival, follows a researcher and her son as they navigate a life-or-death struggle on what may be the last day on Earth. Starring Kim Da-mi and Park Hae-soo, the movie also features an Artificial Intelligence subplot that adds complexity to the narrative.