Reuters Entertainment News Summary

Following is a summary of current entertainment news briefs.

Paramount gets court green light on Warner ​Bros deal, names Mattel's Kreiz co-CEO

A US judge entered an ​order on Wednesday allowing Paramount to close its $110 billion ‌acquisition ​of Warner Bros , ending a months-long holdup, as the company named Mattel's Ynon Kreiz as co-CEO to help run the combined business.

US District Court Judge Araceli Martínez-Olguín approved a Sept. 21 settlement https://www.reuters.com/legal/litigation/paramount-settles-with-california-other-states-clearing-major-hurdle-warner-bros-2026-09-21/ with ‌a California-led group of 12 states that had sued to block one of the largest media mergers in history, saying it would create a media behemoth capable of driving up film and TV prices.

Analysis-David Ellison's appointment of Kreiz brings cost-cutter to Paramount-Warner Bros Discovery

David Ellison's choice of Mattel CEO Ynon ‌Kreiz as his co-captain at the new Paramount-Warner Bros Discovery signals what the media behemoth will care about most: running a lean, cost-efficient business ‌that can pump more money out of its storied franchises. Kreiz's tenure at the Barbie doll-maker and his previous stint leading production company Endemol have been marked by cost-cutting and restructuring efforts aimed at improving profitability and overall output.

Kennedy Center Honors to be held at Capital One Arena amid demolition fight

This year's Kennedy Center Honors will be held at Washington's Capital ⁠One Arena ​as the Trump administration faces legal and ⁠congressional challenges over plans to demolish the John F. Kennedy Center for the Performing Arts, a center spokesperson said on Friday. This will be the first time the honors are ⁠not held at the center's Opera House since the awards' inception in 1978.

Disney licenses lineup of movies, TV shows to Netflix including 'Ice Age,' 'Will Trent'

Disney agreed to ​license a slate of movies and TV shows to Netflix, including existing "Ice Age" films as well as "Percy Jackson and the Olympians" and "Will ⁠Trent" series, the companies said on Friday. Here are some more details:

Victoria Beckham presents sheer dresses and oversized suits for spring/summer 2027

Victoria Beckham unveiled slinky dresses, wide-legged trousers and roomy handbags in ⁠her ​spring/summer 2027 show at Paris Fashion Week on Friday. Models wore oversized suits in green and blue tones with broad, padded shoulders, paired with fluid trousers spilling over their heels. Short parkas cinched at the waist were worn over sheer, side-slit dresses hemmed in pom-poms. Giant handbags were held ⁠under the arm.

Balenciaga shows colourful jackets and minimalist sneakers in Piccioli's summer 2027 collection

Balenciaga creative director Pierpaolo Piccioli showed colourful tailoring and minimalist sneakers ⁠in his Summer 2027 collection at ⁠Paris Fashion Week on Thursday, a year on from his debut for the brand he is seeking to breathe new life into. Piccioli was named to lead Balenciaga in May last year as his predecessor, Demna, moved ‌to Gucci, part ‌of an attempt by the brands' parent company Kering to reverse a ​sharp decline in sales across the group.