Netflix/Warners Deal Revised To All Cash

Netflix has changed its agreement with Warner Bros. Discovery, switching to an all-cash deal rather than one that included a Netflix stock component. The changed-up offer still values WarnerMedia, or at least the streaming/studios part of it, at $27.75 per share, which is what it has been since it was

McG To Direct “Baywatch” Reboot Pilot

“Charlie’s Angels” and “Terminator Salvation” director McG has signed on to both direct and executive produce the first episode of the reboot of iconic lifeguard drama “Baywatch” at FOX. The hiring comes as McG’s Wonderland Sound and Vision company recently signed off on a development deal with Fox Entertainment. Shooting