First Take 12/8/25

First Take 12/8/25

Plus: Paramount goes hostile, the state of CNN and TheWrap wins Best Website

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1. Hollywood Residuals, Back End Deals Face Extinction as Netflix Eats Warner Bros. | Analysis

2. Michael Calderone: Netflix’s Warner Bros. Deal Doesn’t Get CNN Out of ‘Purgatory’

TheWrap Founder, CEO and Editor-in-Chief Sharon Waxman speaks at Power Women Summit 2025. (Rob Latour/Shutterstock for TheWrap)

3. TheWrap Wins Best Website at 18th Annual National Arts & Entertainment Journalism Awards

Warner Bros. Discovery CEO David Zaslav and Paramount CEO David Ellison (Credit: Getty Images/Christopher Smith for TheWrap)

4. Paramount Goes Hostile, Launches $30 Per Share Bid for Warner Bros. Discovery in Attempt to Thwart Netflix

Leonardo DiCaprio thanks Benicio del Toro as he bows in "One Battle After Another"

5. 'One Battle After Another,' 'Sentimental Value,' 'Sinners' Lead Golden Globes Nominations (Complete List)

David Zaslav, CEO, Warner Bros. Discovery and Ted Sarandos, CEO, Netflix attend the AFI Awards on Feb. 6, 2025 in Los Angeles. (Credit: Michael Kovac/Getty Images)

6. Netflix Faces Tough Regulatory Mountain to Climb in Getting Warner Bros. Deal Done

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7. 'Five Nights at Freddy's 2' Sets Post-Thanksgiving Weekend Record With $63 Million Opening

Video of the Day

Donald Trump at the Kennedy Center Honors medal ceremony

Trump Calls Netflix Co-CEO Ted Sarandos 'Fantastic,' Says He'll Be Involved in Decision on Warner Bros. Discovery Takeover

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One Battle After Another

'One Battle After Another' Named Best Film by Los Angeles Film Critics

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Kaitlan Collins attends "Super/Man: The Christopher Reeve Story" New York Premiere at Museum of Modern Art on September 18, 2024 in New York City

Kaitlan Collins Issues 6-Word Response to Trump’s ‘Stupid and Nasty’ Attack

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Will the Netflix-WB Deal Be One Battle After Another for Awards Rivals?

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