Some guys can’t take a hint. After half a dozen proposals and a hostile bid, Paramount Skydance got a definitive “no means no” from Warner Bros. Discovery’s board this week. Elaine Low and Sean McNulty break down how the tables turned on suitor PSKY, what this means for the timeline of a Netflix-Warner Bros. merger and the wild payouts David Zaslav and the WBD C-suite are getting regardless of what happens. (Contraction, schmontraction.) Then, Erik Barmack unpacks Disney’s $1B investment in OpenAI, Bob Iger’s claim that the deal poses “no threat to creatives,” and what it really means when 200 Disney, Marvel, Pixar and Star Wars characters can now be remixed into user-generated Sora videos.
Plus: Richard Rushfield on the tragic murders of Rob Reiner and his wife, Michele Singer Reiner.
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