Netflix co-founder Reed Hastings has announced he will step down as co-CEO, a move that comes after the streaming giant's unsuccessful bid to acquire Warner Bros. Discovery. His departure is accompanied by praise from current Netflix leadership, even as the company's other co-CEOs saw their pay packages dip.

Warner Bros. officially confirmed a 'Game of Thrones' prequel movie titled 'Aegon's Conquest' is in development. The studio also announced release dates for several other upcoming projects, including an 'Ocean's' prequel and new films from J.J. Abrams, detailing its future slate.