Hollywood Power Struggle: Paramount vs. Netflix for Warner Bros

Paramount Skydance's $108.4 billion hostile bid for Warner Bros Discovery highlighted a lack of response from Warner Bros. Meanwhile, UK rapper Ghetts pled guilty in a fatal driving incident. At the Kennedy Center Honors, luminaries were celebrated, but Trump overshadowed the event. Elsewhere, Netflix and Paramount clashed over Warner Bros' future.

In a dramatic Hollywood twist, Paramount Skydance's $108.4 billion hostile bid for Warner Bros Discovery emerged, sparked by Warner Bros' perceived lack of response to Paramount's previous overtures. A detailed securities filing on Monday laid bare the months-long communications between Paramount CEO David Ellison and Warner Bros' David Zaslav, revealing Paramount's ongoing interest, despite previous rejections.

In stark contrast, on a somber note, British rapper Ghetts made headlines unrelated to the entertainment industry. The award-winning artist, whose real name is Justin Clarke-Samuel, appeared via videolink at London's Old Bailey court to plead guilty to causing the death of Nepali student Yubin Tamang, resulting from dangerous driving in a hit-and-run incident.

Meanwhile, at Washington's John F. Kennedy Center for the Performing Arts, U.S. President Donald Trump shifted the spotlight from the gala's celebrated stars to his political narrative during the Kennedy Center Honors. Despite being a night to honor luminaries like Sylvester Stallone, Gloria Gaynor, and rock band KISS, Trump's presence brought an unexpected political discourse to the prestigious event.

(With inputs from agencies.)