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Shareholders approved Paramount’s $111 billion acquisition of Warner Bros. Discovery (vote on $31/share), while an advisory vote rejected proposed exit payouts for David Zaslav—deal expected to yield ~$6B in cost savings and moves the historic transaction closer to close.
Paramount won a bidding war (beating A24, Netflix, Warner, Sony) to produce Parker Finn’s remake/reimagining of Andrzej Żuławski’s Possession, with Finn writing/directing and Margaret Qualley and Callum Turner attached as the central couple; project is greenlit at Paramount with no release date yet.
Signature Entertainment acquired U.K. and Irish rights to Norwegian creature feature Kraken (dir. Pål Øie); TrustNordisk handled sales and the deal was negotiated between Signature exec Max Hart and TrustNordisk MD Susan Wendt — positioning the film for UK/Ireland release via Signature’s genre slate.
Radial Entertainment (the merged Shout! Studios/FilmRise entity backed by Oaktree) hired Matt Katrosar as EVP of Global Advertising & Partnerships to scale FAST/AVOD/SVOD ad revenue and build a unified ad‑tech ecosystem across its 70,000-title library.
Lee Cronin is developing an upcoming horror series that returns to his Irish roots—signaling his move into long‑form TV while maintaining his genre focus.
Dee Snider says he may revive Strangeland's Captain Howdy sequel as a novel rather than a film for now, indicating continued interest in a sequel/expanded IP but no active screen project or financing disclosed.
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