Why the huge bidding war over Warner Bros?

For more than a century, Warner Bros has been one of Hollywood’s biggest players, a legacy studio that helped define the Golden Age of cinema with iconic blockbuster movies. Now, it’s at the centre of a contentious, billion-dollar bidding war between Netflix, the world’s leading streaming platform, and Paramount Skydance, owned by the powerful Ellison family, which has close ties to President Trump.

Whichever way this goes, the outcome isn’t looking great.

Contributors:
Matt Craig – Reporter, Forbes
Daheli Hall – Writer and director
Lee Hepner – Antitrust lawyer
Dominic Patten – Executive editor, Deadline

On our radar

This week, Australia became the first country in the world to impose a social media ban for children less than the age of 16. The Australian government says it is taking on Big Tech and safeguarding children, but some young people were able to quickly bypass the new rules. Ryan Kohls reports.

The Imran Khan rumour mill

Despite being in jail for more than two years, Imran Khan continues to occupy airtime in Pakistan. After the army restricted access to Khan, rumours of his death ricocheted across social media.  Pressure from his supporters and family forced the military to lift the restrictions and grant Khan’s sisters access to speak to him. Meenakshi Ravi reports on the showdown between Imran Khan and powerful Field Marshal Asim Munir, and what it reveals about power, politics and narrative control in Pakistan.

Joint Syrian-US patrol comes under attack near Palmyra: State media

Syrian security forces and United States soldiers have come under fire during a joint field patrol near Palmyra, in the central Homs region, leaving two Syrian personnel and several US service members wounded, the official Syrian Arab News Agency (SANA) state news agency reported.

The assailant was killed in the incident on Saturday, with no further details regarding the motive or circumstances, SANA reported.

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Traffic on the Deir Ezzor–Damascus highway was temporarily halted as military aircraft conducted overflights in the area, the agency said.

A security source told SANA that US helicopters evacuated those who were wounded to the al-Tanf base near the Iraqi border.

There was no immediate comment from the Pentagon.

The US has troops stationed in northeastern Syria as part of a decade-long effort to help a Kurdish-led force there combat ISIL (ISIS).

ISIL captured Palmyra in 2015, at the height of their military ascendancy in Syria, before losing the city 10 months later. During that time, it destroyed several ancient sites and artefacts while using others to stage mass executions.

ISIL was vanquished in Syria in 2018, but still carries out sporadic attacks without controlling any territory inside Syria.

Messi’s tour of India begins with fans throwing bottles, stadium vandalised

Lionel Messi’s much-hyped tour of India got off to a rocky start on Saturday with angry fans throwing bottles and attempting to vandalise a stadium after many of them failed to get more than just a glimpse of their hero.

The Times of India reported that many ticket holders said they failed to see Messi at all – either in person or on the stadium’s big screens – despite waiting for hours.

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Fans threw objects, ripped up seats and invaded the pitch after Messi’s scheduled 45-minute visit lasted just 20 minutes. Tickets for the event were priced from about 3,500 rupees ($38.65) – more than half of the average weekly income in India – but one fan said he had paid $130.

Satadru Dutta, the event’s chief organiser, has been arrested, said Rajeev Kumar, director general of West Bengal police.

“We’ve already detained the main organiser,” Rajeev Kumar told reporters. “We’re taking action so that this mismanagement does not go unpunished.

“He has already pledged in writing that tickets sold for the event should be refunded,” he added.

The organisers of the tour did not immediately respond to a request for a comment.

Police officials speak to spectators as they throw debris onto the field at Vivekananda Yuva Bharati Krirangan (VYBK) stadium during the Lionel Messi GOAT tour [Ayush Kumar/Getty Images]

West Bengal Chief Minister Mamata Banerjee apologised to the Argentinian football star for the “mismanagement” of the event.

“I am deeply disturbed and shocked by the mismanagement witnessed today at Salt Lake Stadium,” Banerjee wrote on social media, where she also apologised to fans who had expected more after paying for tickets.

Banerjee said a committee would be constituted to “conduct a detailed enquiry into the incident, fix responsibility, and recommend measures to prevent such occurrences in the future”.

Messi’s three-day “GOAT (Greatest of All Time) India Tour” was to bring the World Cup winner from Kolkata to Hyderabad and then Mumbai before concluding in New Delhi on Monday.

He was joined by longtime teammates Luis Suarez and Rodrigo De Paul.

Earlier on Saturday, Messi remotely “unveiled” a 21-metre (70ft) statue of himself in Kolkata.

A fan hits a sound system with a pole during the Lionel Messi G.O.A.T Tour
A fan hits a sound system with a pole during the Lionel Messi GOAT tour [Ayush Kumar/Getty Images]

Former FIFA President Sepp Blatter once described India as a “sleeping giant” in the football arena, but the sport in the country has run into many problems in recent years.

The Indian Super League (ISL) – India’s top football competition – has been in danger of collapse over a dispute between the federation and its commercial partner.

ISL side Bengaluru FC stopped paying the salaries of its first team’s players and staff as a result of the turmoil.

In a statement in August, the 2018-19 ISL champions said they had taken the decision “in view of the uncertainty surrounding the future of the Indian Super League season”.

Messi and his Argentina teammates will be defending their FIFA World Cup crown at the 2026 edition, which will be staged in the United States, Canada and Mexico next summer.

A 70-foot statue of international footballer Lionel Messi of Argentina was built in Lake Town for the Lionel Messi G.O.A.T Tour
A 21-metre (70ft) statue of international footballer Lionel Messi of Argentina was built in Lake Town for the Lionel Messi GOAT tour [Ayush Kumar/Getty Images]

It is not too late for the world to redeem itself on Gaza

Last month, I was waiting for a shared taxi at the Nuseirat roundabout when I witnessed a heartbreaking scene. As I stood by the side of the road, I felt a small hand tugging at my clothes.

I looked down and saw a little girl, no older than eight. She was barefoot, her shirt was torn, and her hair was messy and unwashed. Her eyes were beautiful, and her face showed innocence, yet exhaustion and despair clouded it.

She pleaded: “Please, please, give me just one shekel, God bless you.”

Before I gave her the money, I decided to speak with her. I knelt down and asked, “What is your name, my dear?”

She replied in a frightened voice, “My name is Nour, and I am from the north.” Her name, which means “light” in Arabic, stood in stark contrast to the darkness surrounding her.

I asked her, “Why are you asking for money, Nour?”

She looked at me hesitantly, then whispered, “I want to buy an apple… I crave one.”

In Gaza, a single apple now costs $7; before the war, a kilogramme of apples was less than a dollar.

I tried to ignore the pain rising in my chest. I thought about the circumstances we now face, where young children are forced to beg in the street just to buy an apple.

I gave Nour one shekel ($0.30), but as soon as I did, the situation worsened. A large group of children, all Nour’s age or younger, gathered around me, repeating the same request. I felt immense distress.

For more than two years, we have faced genocide. We have witnessed countless tragedies and horrors. But for me, the sight of children begging in the streets is particularly unbearable.

Before the war, Gaza was still a poor place. We used to see child beggars, but they were few, mostly roaming in a few areas. Now, they are everywhere, from the north to the south.

The genocidal war has destroyed families and livelihoods across Gaza. The carnage has orphaned more than 39,000 children, and the enormous destruction has deprived more than 80 percent of the workforce of their jobs, driving countless children into extreme poverty and forcing them to beg for survival.

But child begging is not just a result of poverty; it is a sign of a deep disintegration affecting the family, the education system, and the community. No parent sends their child to beg because they want to. The war has left many families in Gaza without options, and in many cases, there are no surviving parents to keep the children away from the streets.

Child beggars do not just lose their childhood; they also face exploitation, harsh labour, illiteracy and psychological trauma that leaves a lasting effect.

The more begging children increase in number, the more the hope for this generation diminishes. Houses can be rebuilt, infrastructure can be restored, but a young generation that is deprived of education and hope for the future cannot be rehabilitated.

The strength Gaza possessed before the war was not just about military power; it was about human power, the main pillar of which was education. We had one of the highest levels of literacy in the world. The enrolment rate for primary education stood at 95 percent; for higher education, it reached 44 percent.

Education stood as a counterforce to the debilitating siege that dispossessed the people of Gaza and crippled the economy. It nourished skills and ingenuity within the young generations to help them cope with an increasingly harsh economic reality. More importantly, education gave children a sense of direction, security and pride.

The systematic attack on Gaza’s education system – the destruction of schools, universities, libraries and the killing of teachers and professors – has pushed what used to be a remarkably resilient and effective educational system to the brink. The pillar that protected children and guaranteed them a clear future is now falling apart.

After I left the Nuseirat roundabout, Nour’s eyes stayed with me. It was not just because of the pain of seeing an innocent child being forced to beg. It was also because of the realisation that this encounter brought about: That the capacity of the next generation to rebuild Gaza one day is being taken away.

The world allowed Israel to carry out genocide in Gaza for two years. It knew what was going on, and yet it chose complicity and silence. Today, it cannot erase its guilt, but it can choose to redeem itself. It can take all necessary action to save the children of Gaza and to grant them the rights they are inherently given by the Convention on the Rights of Children: The right to food, water, healthcare, a safe environment, education, and protection from violence and abuse.

Anything short of that would mean continuing support for the slow genocide of Gaza.