Industry News Archives - Knight Edge Media

paramount warner brothers acquisition banner

Paramount Usurps Netflix in Warner Brothers Acquisition with $111 Billion Offer

Back in December, Netflix officially announced that it had reached a formal agreement to acquire Warner Bros. Discovery for a record-setting $82.7 billion. At the time, Warner Brothers shareholders considered Netflix to have the superior offer compared to Paramount-Skydance Global, its bidding adversary. CEO David Ellison would not take no for an answer and threatened... Read More...

walt disney company ceo josh damaro banner

The Walt Disney Company Announces Josh D’Amaro as Their Next CEO

Today, The Walt Disney Company announced that Josh D’Amaro has been named CEO and will succeed Bob Iger. Iger took over as CEO back in 2005 from his predecessor, Michael Eisner, and ushered in a new era for Disney. Iger was a key figure in the company's acquisitions of Marvel Studios, Lucasfilm, and 20th Century... Read More...

dave filoni lynwen brennan lucasfilm banner

Dave Filoni & Lynwen Brennan Overtake ‘Lucasfilm’ from Kathleen Kennedy as Co-Presidents

Industry News, News January 6, 2026 7:26 am Caleb Williams 0 Comments

Today, a new report confirmed that Lucasfilm president Kathleen Kennedy will step down after over a decade at the studio. Her exit was rumored last year but was quickly shut down by the studio. Director Dave Filoni and producer Lynwen Brennan are expected to take over as co-presidents. Filoni will oversee all creative aspects of... Read More...

2015 peanuts snoopy charlie brown banner

Sony Pictures Buys ‘Charlie Brown and the Peanuts’ Rights For $460 Million

Industry News, News December 19, 2025 9:29 am Caleb Williams 0 Comments

Today, as A Charlie Brown Christmas turns 60, Sony Pictures Japan has finalized a deal for the rights to Charles Schulz's comic strip, Charlie Brown and the Peanuts. The deal gives Sony a majority stake in the overall rights alongside Peanuts Holding LLC. While the exact number has not been disclosed, it is estimated at... Read More...

Netflix Announces Acquisition of Warner Brothers Studios For $82.7 Billion

Industry News, News December 5, 2025 7:39 am Caleb Williams 0 Comments

After several weeks of negotiations, Netflix has officially won the bidding war to merge with Warner Bros. Studios for over $82.7 billion. The major streaming service beat out fellow competitors Comcast and Paramount-Skydance for the studio. This marks yet another mega-merger between film studios following Walt Disney's acquisition of 20th Century Fox in 2019, Warner... Read More...

Warner Brothers Reverts Course and Rebrands MAX to HBO Max

Industry News, News May 14, 2025 2:34 pm Caleb Williams 0 Comments

A surprise rebranding was announced today during Warner Bros. Discovery's Upfront event. After only two years, the studio announced it would rebrand its MAX streaming service to HBO Max. In 2022, shortly after David Zaslav took over Warner Bros. as CEO, he wanted to remove the HBO branding from all streaming services moving forward. As... Read More...

‘Jason Bourne’ Film Rights Go Up For Sale

Industry News, News March 21, 2025 7:32 am Caleb Williams 0 Comments

Today, a report announced that the film rights for the Jason Bourne franchise have gone up for sale. Original author Robert Ludlum's estate has put the rights up for sale after their longtime partnership with Universal Studios. The previous films starring Matt Damon included The Bourne Identity, The Bourne Supremacy, The Bourne Ultimatum, and Jason... Read More...

star wars celebration25 kathleen kennedy banner

‘Lucasfilm’ President Kathleen Kennedy Plans To Retire By The End of 2025

Industry News, News February 25, 2025 11:54 am Caleb Williams 0 Comments

Ahead of the Star Wars Celebration in Tokyo, a report announced that Lucasfilm president Kathleen Kennedy plans to exit the company by the end of the year. She was not fired, as many random online rumors have suggested, but she has retired after producing many films over her decades-long career in Hollywood. She originally took... Read More...

Amazon MGM Acquire ‘James Bond’ Film Rights For $1 Billion

Industry News, News February 21, 2025 11:46 am Caleb Williams 0 Comments

Today, a report announced that Amazon MGM has officially purchased the film rights to the James Bond franchise from the family of Barbara Broccoli and Michael G. Wilson. The duo have relinquished their stake in the franchise after 50 years of James Bond films for $1 Billion. The most recent film was No Time To... Read More...

‘Paramount’ & ‘Skydance’ Agree To Studio Merger Pending Details

Industry News, News June 3, 2024 7:27 am Caleb Williams 0 Comments

Today, a report announced that Paramount Pictures and Skydance had agreed to an upcoming merger. Skydance beat out fellow studio Sony Pictures alongside Apollo Global Management. The announcement will be made official once Paramount's parent company, Shari Redstone, owns National Amusements, which owns 77% of class A Paramount shares. This comes from the news that... Read More...