Cuban Musicians Honor Celia Cruz; Warner Bros Rejects Paramount's Offer; Netflix Dives Into Toys

Cuban musicians, accompanied by the top U.S. diplomat in Havana, honored the legendary salsa artist Celia Cruz on what would have been her 100th birthday. The ceremony in Havana came after plans for a larger homage were canceled by Cuba's National Center for Popular Music.

Meanwhile, Warner Bros Discovery turned down a $60 billion acquisition offer from Paramount, as reported by a source. This comes as Warner Bros contemplates its future strategic moves, including potential sale options for its wide array of media assets.

Additionally, Netflix is expanding its consumer product line by partnering with Mattel and Hasbro. This collaboration intends to create a range of toys based on its successful animated film 'KPop Demon Hunters,' aiming to diversify its revenue streams.