Stranger Things 5 was the most-streamed title of the week on Netflix, but Sean Combs: The Reckoning came in a close second

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.

Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group

But the studio did not have much time to celebrate. Just as actors Marlon Wayans and Skye P. Marshall were calling the names of Golden Globe nominees at a news conference at the Beverly Hilton, Paramount launched a hostile takeover bid for WBD valued at more than $108 billion.

I worry that by pointing out how insane these movies are, for years on end, I have accidentally bullied Netflix into making them more coherent.

Ted Sarandos calls it a “done deal,” though strictly speaking, that isn’t true. There will be a lot of business decisions left to be made, and the deal will require regulatory approval from the U.S. government to be sure there are no antitrust concerns. It's not unlike what Paramount itself needed when it merged with Skydance earlier this year.

Vicente Amorim, director of “Senna,” is attached to direct “The Pilgrimage,” an adaptation of Paulo Coelho’s semi-autobiographical early novel, which reunites Amorim, Netflix and Gullane after “Senna,

Despite subpar reviews, Netflix's Western series The Abandons, starring Lena Headey and Gillian Anderson, is a streaming hit.