Cultural Tributes and Media Mergers Lead Entertainment Headlines

Cuban musicians, alongside the U.S. ambassador, paid tribute to salsa legend Celia Cruz in a Havana church, commemorating what would have been her 100th birthday. A previously planned homage was canceled by Cuba's National Center for Popular Music, dampening widespread celebration plans for the 'Queen of Salsa.'

In corporate developments, Warner Bros Discovery declined a Paramount Skydance proposal estimated at nearly $60 billion, opting to explore other sale options. The offer, primarily in cash, was reported at approximately $24 per share, a dramatic play in the unpredictable media landscape.

Netflix is set to expand its brand to consumer goods through a partnership with Mattel and Hasbro, developing a toy line from its animated film 'KPop Demon Hunters.' This initiative represents its effort to diversify revenue streams, stepping beyond its core streaming business.