Warner Bros.
Nancy Meyers returns with new comedy starring Penélope Cruz and others
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After an 11-year hiatus, director Nancy Meyers is set to write, direct, and produce an untitled comedy for Warner Bros., slated for release on Christmas Day 2027. The film boasts a star-studded cast including Penélope Cruz, Kieran Culkin, Jude Law, Emma Mackey, and Owen Wilson, who are in final negotiations. This project revives a script originally developed for Netflix amid budget disputes.
Several developers from Warner Bros. Montréal have announced on LinkedIn that they have been laid off, with most finishing on Friday, 13th March. No formal confirmation from the company has been issued yet. The reports come amid ongoing struggles in Warner Bros.' games division.
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Nine subjects from Variety's Actors on Actors series, covers, podcasts and other features took home Oscars at the 2026 Academy Awards. 'One Battle After Another' led with six wins, while 'Sinners' secured four, marking a strong night for Warner Bros. The ceremony occurred Sunday evening.
Warner Bros. is managing an unusual Oscar season by equally promoting two best picture frontrunners from its slate: Paul Thomas Anderson's action epic 'One Battle After Another' and Ryan Coogler's vampire drama 'Sinners.' The studio must avoid any appearance of favoritism amid high stakes and record nominations. This balancing act comes as Warner Bros. faces an uncertain future with a pending sale to Netflix.
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Netflix co-CEO Ted Sarandos expressed confidence about the proposed merger with Warner Bros., stating that President Donald Trump has shown no signs of improper involvement. Speaking at the DGA Awards, Sarandos emphasized the deal's benefits for consumers amid a highly competitive streaming landscape. He also addressed concerns over content decisions and industry health.
Cinema United has urged Congress to scrutinize the potential sale of Warner Bros., warning that a deal with Netflix or Paramount could devastate the movie theater industry. The trade group argues the acquisition would lead to fewer films, theater closures, and widespread job losses. In a letter to lawmakers, they highlighted Netflix's hostility toward theatrical releases and the broader economic fallout.
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Warner Bros. is starting a new contemporary film label led by former Neon executive Christian Parkes, along with colleagues Jason Wald and Spener Collantes. The initiative, spearheaded by Michael De Luca and Pam Abdy, focuses on smartly budgeted theatrical releases targeting younger audiences. It aims to discover new filmmakers and diversify offerings beyond blockbusters.
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