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- The Daily Brief: Netflix Set to Acquire Warner Bros., Grand Jury Again Declines to Charge Letitia James, and more.
The Daily Brief: Netflix Set to Acquire Warner Bros., Grand Jury Again Declines to Charge Letitia James, and more.
Your daily update is here.
Good Afternoon! It’s Friday, December 5.
Sunny skies graced Los Angeles on Friday with moderate temperatures peaking at a high of 70°. More sun is expected as we head into the weekend on Saturday, with highs also forecast to hit 70°.
Netflix Moves to Acquire Warner Bros. Discovery in 82.7 Billion Dollar Deal
Netflix has announced an 82.7 billion dollar agreement to acquire Warner Bros. Discovery, a move that would unite two of the largest content libraries in entertainment. The deal, unanimously approved by both companies’ boards, would bring classics like Casablanca and modern franchises like Harry Potter under the same banner as Netflix hits such as Stranger Things and Squid Game. The merger still requires regulatory approval, with critics warning it could reduce consumer choice, but both studios say the combined company will strengthen global storytelling for generations to come.

Grand Jury Again Rejects Mortgage Fraud Case Against AG Letitia James
A federal grand jury has once again declined to indict New York Attorney General Letitia James after prosecutors resubmitted mortgage fraud charges that were previously dismissed. The original case collapsed when a judge ruled that the lead prosecutor’s appointment may have violated federal limits on acting US attorneys, casting doubt on her authority to bring the charges. Jurors rejected the case a second time, marking a significant setback for the Justice Department, although officials may still consider seeking another indictment.
LA City Council Delays Decision on Wildfire Rebuild Fee Waivers
The Los Angeles City Council has postponed a decision on whether to waive rebuilding fees for homeowners and businesses affected by January’s devastating Pacific Palisades wildfires, sending the issue back to the Budget and Finance Committee for further review. Councilmembers remain divided over two proposals that range in cost from $86 million to $278 million, with some urging broad relief for all damaged properties and others warning of serious fiscal risks. While a temporary suspension of fees remains in place, residents and business owners are left waiting for a clear and lasting plan.
Festive Holiday Dining at Six Favorite L.A. Hotels
Celebrate the season with a tour of Los Angeles hotels offering unique holiday experiences, from Swiss chalet dining and yule log desserts to wreath workshops, gingerbread decorating and indulgent tasting menus. From Beverly Hills to Rancho Palos Verdes, these festive pop ups and culinary traditions bring the magic of winter to L.A., inviting guests to savor seasonal flavors, explore creative classes and enjoy cozy, wintry settings across the city.
Gabe Rotter Reveals the Long Road and Real-Life Inspirations Behind Netflix’s Hit Series The Beast in Me
In an in-depth conversation, creator Gabe Rotter breaks down the years-long journey that led to Netflix’s breakout psychological thriller The Beast in Me, starring Claire Danes and Matthew Rhys. Rotter shares how a 2016 profile of Trump ghostwriter Tony Schwartz sparked the original idea, how the characters evolved through rewrites and industry setbacks, and how personal experiences from his New York childhood shaped key scenes. He also reflects on the impact of trauma on the story, the pivotal contributions of Jodie Foster and Claire Danes, and the unlikely path that finally brought the series to life.

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