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The Wrap-Up for Wednesday November 26
Youtube· 2025-11-26 12:37
Group 1 - Bill Aman is targeting a $5 billion IPO for his closed-end fund, aiming to raise $2 billion from institutional investors [1] - The IPO of the fund will coincide with a separate IPO of Pershing Square Capital Management [1] - Elon Musk announced that Tesla's robot taxi fleet in Austin, Texas will double next month [1] Group 2 - OpenAI projects that by the end of the decade, at least 220 million of Chat GPT's weekly users will pay for a subscription, equating to about 8% of all users [2] - This positions Chat GPT as one of the world's largest subscription services [2] Group 3 - Paramount Sky Dance is reviving the Rush Hour movie franchise nearly two decades after the last film, following interest from President Trump [3] - Paramount has secured funding for Rush Hour 4 and struck a distribution deal with Warner Brothers Discovery [3] - Warner Brothers Discovery is also seeking a second round takeover bid by this Monday [4] Group 4 - First round offers for Warner Brothers Discovery were submitted last week from Paramount Sky Dance, Netflix, and Comcast [4]
Trump personally pushes 'Rush Hour 4' into gear: new report
MSNBC· 2025-11-26 02:40
Critics of Donald Trump argue he's entirely disinterested in getting results for the American people. That's not entirely fair. You see, in his attempt to be an all powerful god king of America, Trump has appointed himself as a kind of minister of culture for the country.Today, we got a huge new development on that front related to the president's favorite buddy cop film franchise. Trump is bringing Rush Hour back. You remember Rush Hour, right.The late '9s early as a action comedy trilogy. It's been dorman ...
‘Rush Hour 4' revived after Trump urged Paramount Skydance to resurrect franchise, reports say
CNBC· 2025-11-25 21:36
Group 1 - Paramount is reviving "Rush Hour 4" nearly two decades after the last installment, prompted by President Donald Trump's encouragement to rescue the stalled buddy cop movie series [1][2] - Paramount has secured funding for the film and established a distribution arrangement with Warner Bros. Discovery, which previously owned the franchise [2][3] - The first three "Rush Hour" films were global hits, earning over $850 million worldwide, but the new sequel faces challenges in a changed theatrical landscape where comedies have struggled [4] Group 2 - Trump's intervention in Hollywood has drawn criticism, as he aims to restore "classical masculinity" to studio filmmaking [5] - Paramount's revival of "Rush Hour" aligns with its goal to nearly double film output, targeting 15 films in 2026 and up to 18 by 2028 [5] - The timing coincides with a major industry shake-up, as Paramount Skydance, Comcast, and Netflix have submitted bids to acquire Warner Bros., which includes valuable franchises [6][7]
X @Forbes
Forbes· 2025-11-25 19:15
‘Rush Hour 4’ In Development After Trump Reportedly Asked Paramount Leadership For Ithttps://t.co/rgeAJtxQJy https://t.co/dkHcIiUPst ...