TL;DR: Entertainment Industry Mergers Strike Again

If you’ve been following the drama between Netflix and Paramount and their proposals to merge with Warner Bros. Discovery (WBD), you know that Paramount won after 10 bids. Paramount’s final offer swayed the WBD Board, and they determined it to be the “superior proposal.” Netflix quickly walked away from the deal. 

If you’ve gotten whiplash trying to keep up with the ping pong match between Netflix and Paramount, you’re not alone. 

Here’s the timeline:

  • Dec. 2025: Netflix reached an agreement with Warner Bros. Discovery for $82.7B
  • Also in December, Paramount mounted a hostile counteroffer/takeover valued at over $110B.
  • Dec. 2025 – Feb. 2026: the two companies battled it out over the nuts and bolts of which deal is more attractive to the WBD Board. The most important sticking point for the industry is Netflix’s reluctance to confirm whether it will keep up with WBD’s theatrical release schedule for windows of up to 45 days.  
  • Late Feb. 2026: Paramount makes its final offer of $110B, and Netflix is given the option to match or exceed the offer in four days. Netflix promptly declined.
  • In that very short period of time, Netflix co-CEO Ted Sarandos testified on the Hill in front of Congress, which has antitrust concerns. While in Washington, Sarandos was scheduled to meet with President Trump, but before that could happen, the WBD Board pulled the rug from under him and declared Paramount’s offer the “superior proposal.”
  • Paramount agreed to pay Netflix a $2.8B termination fee, which the streamer happily received and issued a statement to explain why they walked away. The short answer is that increasing their offer was turning out not to be a sound deal for their bottom line. WBD carries significant debt that Netflix was unwilling to assume. 

Since the end of the high-stakes acquisition of WBD, Paramount has gradually revealed its vision for the merger, which includes at least 30 film theatrical releases each year. 

Paramount’s victory over Netflix is complete, but it will be short-lived. The studio still has to navigate regulatory hurdles, but with the cozy relationship between CEO David Ellison’s father and President Trump, the deal is unlikely to face much scrutiny from the Federal government agencies responsible for approving these deals. 

As of this writing, Congressional antitrust hearings on the merger have not been set, but the Department of Justice is reviewing the deal. A WBD shareholder vote is scheduled for March 20, 2026. However, WBD’s CEO, David Zaslav, said the merger could take from six months to 18 months to clear.

Besides the prestigious and financially successful WBD films, Paramount could reap the harvest of WBD’s success as long as it doesn’t shake up the creative and executive teams responsible for all of the hits the studio has continued making. 

WBD has dozens of commercially and critically acclaimed films under its belt. A few of the films in the 2026 Oscar race right now include Paul Thomas Anderson’s original One Battle After Another and Ryan Coogler’s Sinners. Soon, Marty Supreme, an A24 film, will be streaming on WBD’s HBO Max platform as per the usual arrangement between the two companies. 

Why Are People So Concerned About This Merger?

  • Warner Bros. Discovery’s assets include some of the biggest media brands and Intellectual Property (IP) in the world: CNN, HBO, and HBO Max streaming service, TNT Sports International, Cartoon Network, Fandango, Comedy Central, and IP such as Harry Potter, Game of Thrones, and the DC Comics Universe (Superman, Wonder Woman, Batman, etc.). That’s a massive amount of media control of TV, films, and news. 
  • Political influence: Americans have had a preview of what a legacy media outlet’s news judgment would look like following the controversial appointment of Bari Weiss to CBS, who has been accused of censoring stories that are critical of the Trump Administration. 
  • Massive industry job losses: Hollywood has already gone through thousands of job losses due to the mergers of the past and even as recently as Paramount’s acquisition of Skydance in 2025. It’s expected that Paramount will do the same when it fully merges with WBD over the next year. 
  • Price increases for consumers. 
  • Finally, WBD’s CEO, David Zaslav, oversaw the studio for the last four years, presumably racking up the debt, yet he and his executive team are set to walk away with hundreds of millions of dollars in golden parachutes after the deal is done, while his workforce is almost guaranteed to see job losses.

The entertainment industry, regulators, Congress, and state Attorneys General (AG) are expected to scrutinize or halt the merger, with California’s AG Rob Bonta and Senator Elizabeth Warren leading the charge. Although, to be fair, the scrutiny would’ve come whether it was Netflix or Paramount. 

On a personal note, I took a tour of the historic Paramount Studios Lot last Spring, and it was exciting to see so many productions on-site (Paradise and Matlock, to name a few) while on a Hollywood Field Trip

That was less than a year ago, and look at how much has changed in the industry. I, like many creators, have been concerned that more mergers mean fewer opportunities and less financing for developing original TV and film projects. The few opportunities that may come about would likely go to A-List/celebrity-backed projects. 

I know this post feels like all doom and gloom, but the upside is that the indie film market will likely see an uptick in small-to-medium projects hitting the film festival and distributor markets. I’ll continue to document my journey in the industry here, so stay tuned, subscribe to my blog, and follow me on any of my socials on the Find Me @ tab. 

Stranger Things and the Power of Nostalgia

How the Series Became a Love Letter to Gen X, Xennials, and Millennials 

By now, most viewers have seen the Stranger Things (ST) series finale, so there shouldn’t be any spoilers. Instead of doing another hot take on the last season and ending of the series, I’d like to tap into that great ocean of nostalgia that ST represents for Gen X, Xennials, and older Millennials.

Before I started season 5, like everyone, I rewatched seasons 1-4 so that I could remember the major plot points, characters, and to tap back into this nostalgic feeling that this era represents for me as a Xennial (born between 1977 and 1983).  

The show takes place between 1983 and 1989. For many of us who grew up or were exposed to the music and other popular culture during that time, the show represents some of our fondest memories from our childhoods. Sure, there were some really scary real-world things going on around the world. ST did a strong job of weaving those realities into the storylines, such as America’s ongoing Cold War tensions (the Russians are coming!) or the “Satanic Panic.”

Now, I wasn’t old enough to remember being terribly concerned about those things, but I did see the movies and films during that era that reflected the paranoia embedded in the American psyche. But I digress, there were so many other things in the show that sent those of us from those three aforementioned generations swooning, like the sense of adventure, the era of analog technology, video and board games, synth music, banana seat bicycles, and the latchkey kid era (Will was all of us at that age in the 1980s). 

I distinctly remember sitting in front of the fan in the window on hot summer days listening to Michael Jackson, Madonna, Prince, Whitney Houston, Cyndi Lauper, and a whole host of other artists who transcended race or national borders to reach the hearts of fans around the world. It felt like a magical time, before cell phones, when we played outside until dark, ate cereal for breakfast, and watched cartoons and Kung Fu movies on Saturday mornings… together. Now, everyone has their own screen for entertainment. Back then, we had to share one television. 

The Duffer Brothers not only tapped into the nostalgia of those generations, but they introduced the 80s era to two whole new generations that learned what it was like to live during those times of old tech, including landline telephones, video arcades, and hair-sprayed styles. Most importantly, I believe the younger generations resonated most with the underpinning theme of friendship. ST reached global audiences from multiple generations, which is difficult to do, but I believe this happened for the aforementioned reasons. 

Despite how you feel about the ending, the Duffer Brothers wrote this love letter to all of us and reminded the fans that friendship can and should be unbreakable, and that “friends never lie.” Now more than ever, we all could use that message, especially as the world has been so chaotic: old friends (countries) are now enemies, or indifferent to the suffering of others. While this isn’t new, it does give the younger generations a bleak view of our future. I hope that this show made folks believe in magic again and the value of true friendship, but if the global popularity of the show is any evidence, I think the Duffers nailed it.

Netflix will drop a behind-the-scenes documentary of the show, called, One Last Adventure: The Making of Stranger Things 5, on Monday, January 12, 2026, at 12am PT/3am ET.

Check out a previous article I wrote about film and TV reboots to follow the nostalgia breadcrumbs.

Posted on January 11th in honor of our girl Eleven.

Monster: The Ed Gein Story

Spoilers Ahead

This past weekend, I binged all of the Monster: The Ed Gein Story episodes on Netflix. It was a tough watch, but I powered through them to see how his nefarious deeds were depicted and whether the series could offer any new perspective on his life. 

I have not been able to watch the first season that focused on Jeffrey Dahmer because I was sure it would give me nightmares afterward, which is hard to do based on my love of horror and dark fiction. So, on to my take on the show without spoiling too much.

I found episodes 1 through 6 to be very solid. We got the setup of Gein’s life while his mother was alive. He was an emotionally stunted and abused man who lived under the thumb of his ultra-religious mother who despised both women and men. In her mind, she was protecting him from the outside world by forbidding him from fraternizing with others and dating women. This, unfortunately, did not prepare him for life after her death.

So, it was no surprise that when she passed away, he could not handle being on his own without his mother’s guidance. Shortly following her funeral, he dug up a corpse from a graveyard and dressed it to resemble his mother. There were other women that he dug up and used their skin and other body parts to fashion gruesome furniture pieces like lampshades, chairs, and a skull as a bowl. Yikes!

The series explores a still unconfirmed romantic interest based on a real-life woman who claimed that she and the serial killer were close. In real life, she eventually pulled back her statements and claimed that she barely knew him, most likely to avoid being directly tied to Gein’s crimes. 

And the show delves into Gein’s imagined connections to his idols. He may have been influenced to commit some acts after reading a comic book/graphic novel about Ilse Koch, a real Nazi woman from World War II, that was accused of inflicting pain and horror on Jews and of creating equally gruesome furniture pieces similar to Gein. The show also weaved a transgender celebrity, Christine Jorgensen, into the story to reflect some of Gein’s delusions, but there is no evidence to support his fascination with her in real life. 

In the end, Gein only admitted to killing two women and digging up the bodies of several more. He’s long been rumored to have murdered his brother, a couple of hunters, and a young girl. None of these accusations led to criminal charges, but nonetheless, the series dramatizes these claims that were never proven. 

Perhaps, the most interesting B story in the first half of the series was the time spent on the Alfred Hitchcock/Anthony Perkins collaboration on Psycho, which was purposely influenced by Gein’s case. The show spent quality time on the development of the film as well as insight into Perkins’ own thoughts around his sexuality and the infamous gay therapy he went through to stay in business in Hollywood. It was a part of film history that I was not familiar with and I appreciated the side quest from the show’s heavy theme.

Warning: Creative License

Episodes 7 and 8 are where I couldn’t quite follow where the story was going. The show alludes to other serial killers that were influenced by Gein, however, in my light research, I haven’t found that to be the case. 

One particular serial killer on the show, Richard Speck, was featured as being a fan of Gein, but I found it to be a diversion, particularly the amount of minutes of screen time spent on a gratuitous prison sex scene. Whether this was one of Gein’s delusions of grandeur in real life, I’m not sure, but it was not necessarily needed to send home the message that he influenced many different aspects of society, including pop culture.

Then there was a mini crossover with Netflix’s other (now canceled) TV show about serial killers, Mindhunters, that featured another serial killer and the famed FBI agents who interviewed him. I found this thread to be more interesting to pull on if it were true, but it was not the case in reality that they met with Gein.

The last 20 minutes or so of episode 8 was filler. I actually would’ve preferred the final episode to focus on his trial where he was found to be legally insane, and to dive deeper into the psychology of Gein. Instead, we got some fictional delusions of Gein prior to his passing, which made me think it was meant to endear the audience to him. But if the purpose of the anthology is to answer the question if serial killers are born or nurtured, then it may have missed the mark. 

My take is that Ed Gein’s life was a case study in the psychological profile of how a killer was made. How someone left to their own devices without the ability to manage their emotions and mental illness (in Gein’s case, schizophrenia) becomes more than just their personal problem, but society’s problem if they become violent. Not that not everyone who is schizophrenic is violent, but it’s important to look into how these sorts of violent criminals can be detected earlier in life. 

Version 1.0.0

I wrote this review because I wanted to watch the show and see if the screenwriter came to similar conclusions about Gein’s disposition as I did when I wrote a short story called “The Time Killer” in the horror anthology, Jane Nightshade’s Serial Encounters.

I was assigned by the editor to write about a fictional encounter with Ed Gein. I did not have a lot of background on him at the time, but I quickly understood how he influenced many other pop culture films and shocked the nation with his gruesome killings and pastimes. There was a sadness and loneliness there that I think came across in my own story similar to the show, and I too gave him a romantic interest to explore those themes in his life. I was pleased to see that the screenwriter found that to be an interesting way to reflect how the world saw him versus how he saw himself.

In any case, check out the series on Netflix if you can stomach it and check out my story in the aforementioned horror anthology and let me know what you think in the comments.