Entertainment Industry
Cineverse has scaled back its involvement in a microdrama venture launched last year with former ABC executive Lloyd Braun.
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Luxury dine-in movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy for the second time, seeking to sell assets while continuing operations. The filing comes amid ongoing challenges in the exhibition industry, with box office revenues still about 20% below pre-pandemic levels. CEO Patrick Quinn stated the process aims to restructure and resume operations with minimal disruption.
Hollywood continues to grapple with a roster of completed or near-finished films that may never reach audiences, as detailed in a recent roundup. From silent-era projects destroyed by their creators to modern blockbusters shelved for financial reasons, these movies highlight the industry's unpredictable path from production to release. The list, published on December 26, 2025, spotlights 18 such titles spanning decades.
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Warner Bros. Discovery has confirmed receipt of an amended unsolicited tender offer from Paramount Skydance and will carefully review it. The offer, valued at $30 per share, addresses prior concerns but does not increase the monetary bid. This development comes amid WBD's existing agreement to sell assets to Netflix.