Warner Bros has been a repeated acquisition target in the media and entertainment industry.
Projects under consideration include a seven-star hotel infrastructure and a modern concert and entertainment arena.
U.S. streaming platform Netflix has withdrawn from its proposed merger with Warner Bros. Discovery, clearing the path for a takeover by Paramount and Skydance.
Mr Afolayan stated that negative reactions to his films were not new.
Under the agreement, each WBD shareholder will receive $23.25 in cash and $4.50 worth of Netflix stock per share.
She will help champion the festival’s mission to showcase groundbreaking storytelling, elevate emerging talent, and empower artists to thrive across film and television.
In a post on Truth Social, Mr Trump said the business in the American movie industry had been “stolen” by foreign movie industries.
Founded in 2016, Flutterwave has grown into a powerhouse facilitating seamless payments across Africa and beyond.
The increase marked the third hike for Nigerian households since 2024.
