Hulk Hogan, Who Helped Turn Pro Wrestling into Billion-Dollar Spectacle, Dies at 71 

Hulk Hogan rips his shirt before Republican presidential nominee former President Donald Trump speaks at a campaign rally at Madison Square Garden, Oct. 27, 2024, in New York. (AP)
Hulk Hogan rips his shirt before Republican presidential nominee former President Donald Trump speaks at a campaign rally at Madison Square Garden, Oct. 27, 2024, in New York. (AP)
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Hulk Hogan, Who Helped Turn Pro Wrestling into Billion-Dollar Spectacle, Dies at 71 

Hulk Hogan rips his shirt before Republican presidential nominee former President Donald Trump speaks at a campaign rally at Madison Square Garden, Oct. 27, 2024, in New York. (AP)
Hulk Hogan rips his shirt before Republican presidential nominee former President Donald Trump speaks at a campaign rally at Madison Square Garden, Oct. 27, 2024, in New York. (AP)

Hulk Hogan, the American sports and entertainment star who made professional wrestling a global phenomenon and loudly supported Donald Trump for president, has died at the age of 71, World Wrestling Entertainment said on Thursday.

"WWE is saddened to learn WWE Hall of Famer Hulk Hogan has passed away. One of pop culture's most recognizable figures, Hogan helped WWE achieve global recognition in the 1980s," WWE said in a statement.

Police in Clearwater, Florida, said authorities had responded to a medical call for a cardiac arrest at Hogan's residence on Thursday morning. Hogan was taken to a hospital, where he was pronounced dead, they said.

The bleach-blond, mahogany-tanned behemoth became the face of professional wrestling in the 1980s, helping transform the mock combat from a seedy spectacle into family-friendly entertainment worth billions of dollars.

A key moment in that evolution came at the WrestleMania III extravaganza in 1987, when Hogan, billed at 6'8", hoisted fellow wrestler André the Giant before a sold-out Pontiac Silverdome in Michigan for a thunderous body slam of the 7'4" Frenchman.

Hogan parlayed his wrestling fame into a less successful career in Hollywood, starring in films like "Rocky III" and "Santa With Muscles," but kept returning to the ring as long as his body would allow.

In 2024, he appeared at the Republican National Convention to endorse the presidential bid of Trump, who in the 1980s had played host to Hulk-headlined WrestleManias. Hogan said he made the decision to support the Republican candidate after seeing his combative, fist-pumping reaction to an attempted assassination on the campaign trail.

"Let Trumpamania run wild, brother!" Hogan bellowed to a cheering crowd, ripping off his shirt to reveal a Trump tank top. "Let Trumpamania rule again!"

BECOMING 'HULK'

Born Terry Gene Bollea in Augusta, Georgia, on August 11, 1953, the future Hulk and his family soon moved to the Tampa, Florida area. After high school, he played bass guitar for area rock bands, but felt a pull to the red-hot wrestling scene in Florida in the 1970s.

Many of the details of his career were showbusiness exaggerations, representative of the blurred lines between fact and fiction in wrestling.

His first trainer reportedly broke Hogan's leg to dissuade him from entering the business, but he kept at wrestling, weight training, and - he later admitted - anabolic steroids. He gained in notoriety as his biceps turned into what he dubbed the "24-inch pythons."

The "Hulk" moniker came from comparisons to the comic-book hero portrayed on TV at the time. He would end up paying royalties to Marvel Comics for years. "Hogan" was the invention of promoter Vincent J. McMahon, the owner of the World Wrestling Federation (WWF), who wanted Irish representation among his stable of stars.

His appearance as wrestler Thunderlips in "Rocky III," where he dwarfed leading man Sylvester Stallone, rocketed Hogan to the mainstream. Upon a return to the WWF, now controlled by McMahon's son Vincent K., he defeated the Iron Sheik in 1984 to claim the world championship, a belt he would hold for four years.

Hogan became a household name, appearing on the cover of magazine Sports Illustrated and performing alongside pop culture stars like Mr. T. The WWF came to dominate wrestling, anchored by its annual WrestleMania pay-per-view events.

"He drew more people to professional wrestling over the course of a career than anyone," said Dave Meltzer, a wrestling journalist and historian. "He paid the price in health for all of that stuff, being so big."

FACING 'THE ROCK'

Later, he joined competitor World Championship Wrestling, swapping his trademark yellow tights for black and taking on a persona as the villainous "Hollywood" Hogan, the head of a gang of rulebreakers known as the New World Order. The gimmick reinvigorated his career.

Hogan eventually returned to the WWF, now known as WWE, and faced Dwayne "The Rock" Johnson at WrestleMania in 2002.

"I'm in better shape than him," Hogan told Reuters at the time, five months shy of his 50th birthday. "I'll stand next to The Rock and pose down with him if he wants to." The Rock ultimately won the match.

Hogan was inducted twice into the WWE Hall of Fame, and referred to himself as the "Babe Ruth" of wrestling - after the New York Yankees' famed baseball player.

But Hogan's support of Trump in 2024 did not go down well with all wrestling fans, and he also faced other controversies. Gossip website Gawker was shuttered after it posted parts of a sex tape between him and a friend's wife and Hogan sued on privacy grounds, winning a $140 million judgment.

In 2015, he was suspended by the WWE after another surreptitious recording revealed that Hogan had used a racial slur. He was reinstated in 2018.

He was married three times and had two children, who starred alongside him and first wife Linda in a 2005-2007 reality TV show, "Hogan Knows Best."

Condolences for the Hulkster poured in across social media, including from Vince K. McMahon, his partner in the 1980s wrestling boom and the former executive chairman of TKO Group that absorbed WWE in 2023.

"He was a trailblazer," McMahon wrote in a post on X. "He leaves us with one of his favorite expressions, 'Train, take your vitamins and say your prayers.'"

"Today, we pray for him."



Warner Bros Rejects Revised Paramount Bid as Risky Leveraged Buyout

A drone view shows the Warner Bros. studio lot in Burbank, California, US, December 8, 2025. (Reuters)
A drone view shows the Warner Bros. studio lot in Burbank, California, US, December 8, 2025. (Reuters)
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Warner Bros Rejects Revised Paramount Bid as Risky Leveraged Buyout

A drone view shows the Warner Bros. studio lot in Burbank, California, US, December 8, 2025. (Reuters)
A drone view shows the Warner Bros. studio lot in Burbank, California, US, December 8, 2025. (Reuters)

Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject.

In a letter to shareholders on Wednesday, Warner ​Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing. It reaffirmed its commitment to streaming giant Netflix's $82.7 billion deal for the film and television studio and other assets.

Paramount and Netflix have been vying to win control of Warner Bros, and with it, its prized film and television studios and its extensive content library. Its lucrative entertainment franchises include "Harry Potter", "Game of Thrones", "Friends" and the DC Comics universe, as well as coveted classic films such as "Casablanca" and "Citizen Kane."

Paramount's financing plan would saddle the smaller Hollywood studio with $87 billion in debt once the acquisition closed, making it the largest leveraged buyout in history, the Warner Bros board told shareholders after voting against the $30-per-share cash offer on Tuesday.

The letter accompanied a 67-page amended merger filing where it laid out its case for rejecting Paramount's offer.

The ‌revised Paramount offer "remains inadequate particularly ‌given the insufficient value it would provide, the lack of certainty in PSKY’s ability ‌to ⁠complete ​the offer, ‌and the risks and costs borne by WBD shareholders should PSKY fail to complete the offer," the Warner Bros board wrote.

Paramount, which has a market value of about around $14 billion, proposed to use $40 billion in equity personally guaranteed by Oracle's billionaire co-founder Larry Ellison and $54 billion in debt to finance the deal.

Its financing plan would further weaken its credit rating, which S&P Global already rates at junk levels, and strain its cash flow – heightening the risk that the deal will not close, the Warner Bros board said.

Netflix, which has offered $27.75 a share in cash and stock, has a $400 billion market value and investment-grade credit rating.

The decision keeps Warner Bros on track to pursue the deal with Netflix, even after Paramount amended its bid on ⁠December 22 to address the earlier concerns about the lack of a personal guarantee from Ellison, who is Paramount's controlling shareholder and the father of its CEO David Ellison.

Warner Bros shares ‌closed at $28.47 on Tuesday.

HIGH BREAK-UP FEES

Wednesday's filing said Warner Bros' board met on ‍December 23 to review Paramount's amended offer and noted some improvements, including ‍Ellison's personal guarantee and a higher reverse termination fee of $5.8 billion, but found "significant costs" associated with Paramount's bid compared with a Netflix ‍deal.

Warner Bros would be obligated to pay the streaming service a $2.8 billion termination fee for abandoning its merger agreement with Netflix, $1.5 billion in fees to its lenders and about $350 million in additional financing costs.

Altogether, Warner Bros said it would incur about $4.7 billion in additional costs to terminate its deal with Netflix, or $1.79 per share.

The board repeated some concerns it had laid out on December 17, such as that Paramount would impose operating restrictions on the studio ​that would harm its business and competitive position, including barring the planned spin-out of the company's cable television networks into a separate public company, Discovery Global.

Paramount offered "insufficient compensation" for the damage done to the studio's business, if the Paramount ⁠deal failed to close, Warner Bros said.

Paramount "repeatedly failed to submit the best proposal" to Warner Bros shareholders, the board wrote, "despite clear direction" on the deficiencies in its bid and potential solutions.

TILTING THE POWER BALANCE IN HOLLYWOOD

The jockeying for Warner Bros has become Hollywood's most closely watched takeover battle, as studios race to scale up amid intensifying competition from streaming platforms and volatile theatrical revenues.

While Netflix's offer has a lower headline value, analysts have said it presents a clearer financing structure and fewer execution risks than Paramount's bid for the entire company, including its cable TV business.

Harris Oakmark, Warner Bros' fifth-largest investor, previously told Reuters that Paramount's revised offer was not "sufficient," noting it was not enough to cover the breakup fee.

Paramount has argued its bid would face fewer regulatory obstacles, but a combined Paramount-Warner Bros entity would create a formidable competitor to industry leader Disney and merge two major television operators and two streaming services.

The valuation of Warner Bros' planned Discovery Global spin-off, which includes cable television networks CNN, TNT Sports and the Discovery+ streaming service, is seen as a major sticking point.

Analysts peg the cable channels' value at up to $4 per share, while Paramount has suggested just $1.

Lawmakers ‌from both parties have raised concerns about further consolidation in the media industry, and US President Donald Trump has said he plans to weigh in on the landmark acquisition.


Sydney Sweeney Box-Office Hit ‘The Housemaid’ to Get a Sequel

Sydney Sweeney. (AFP/Getty Images)
Sydney Sweeney. (AFP/Getty Images)
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Sydney Sweeney Box-Office Hit ‘The Housemaid’ to Get a Sequel

Sydney Sweeney. (AFP/Getty Images)
Sydney Sweeney. (AFP/Getty Images)

After just two and half weeks of release, the Sydney Sweeney box-office hit “The Housemaid” is getting a sequel.

Lionsgate announced Tuesday that it will start production on “The Housemaid's Secret” later this year. The film will be based on the second of Freida McFadden's bestselling trilogy of books.

“The Housemaid” has been a hit at the holiday box office, grossing more than $75 million and $133 million worldwide in 17 days of release. The psychological thriller directed by Paul Feig cost a modest $35 million to make.

Lionsgate said “The Housemaid's Secret” is being developed with the aim of Feig and Sweeney returning, including Sweeney as an executive producer. “The Housemaid” screenwriter Rebecca Sonnenshine is writing the sequel.

“It’s clear from both the global box office and from the outpouring on social media that audiences have responded strongly — and audibly — to the totally unique and truly theatrical experience of The Housemaid and want to know what happens next,” said Adam Fogelson, Lionsgate Motion Picture Group chairman, in a statement.

“The Housemaid” has handed Sweeney a major box-office victory after a disappointing result for her awards-hopeful boxing drama “Christy” in November. That film grossed only $2 million worldwide. In “The Housemaid,” Sweeney stars a live-in housemaid hired by a wealthy couple played by Amanda Seyfried and Brandon Sklenar.


Chalamet Boosts Oscar Bid with Critics Choice Awards Win

Timothee Chalamet, with the spotlight actor of the year award for "Marty Supreme," poses in the press room during the 37th Palm Springs International Film Festival Film Awards on Saturday, Jan. 3, 2026 at Palm Springs Convention Center in Palm Springs, Calif. (Photo by Jordan Strauss/Invision/AP)
Timothee Chalamet, with the spotlight actor of the year award for "Marty Supreme," poses in the press room during the 37th Palm Springs International Film Festival Film Awards on Saturday, Jan. 3, 2026 at Palm Springs Convention Center in Palm Springs, Calif. (Photo by Jordan Strauss/Invision/AP)
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Chalamet Boosts Oscar Bid with Critics Choice Awards Win

Timothee Chalamet, with the spotlight actor of the year award for "Marty Supreme," poses in the press room during the 37th Palm Springs International Film Festival Film Awards on Saturday, Jan. 3, 2026 at Palm Springs Convention Center in Palm Springs, Calif. (Photo by Jordan Strauss/Invision/AP)
Timothee Chalamet, with the spotlight actor of the year award for "Marty Supreme," poses in the press room during the 37th Palm Springs International Film Festival Film Awards on Saturday, Jan. 3, 2026 at Palm Springs Convention Center in Palm Springs, Calif. (Photo by Jordan Strauss/Invision/AP)

Timothee Chalamet's Oscars campaign earned a major boost Sunday as he scooped the best actor prize for "Marty Supreme" at the Critics Choice Awards, the first major gala of this year's Hollywood awards season.

He defeated rival Leonardo DiCaprio, whose raucous political thriller "One Battle After Another" took the night's top prize for best picture, as well as best director and best adapted screenplay for Paul Thomas Anderson.

In "Marty Supreme," Chalamet plays a 1950s table tennis champion consumed by grand ambitions.

Loosely based on a true story, and benefiting from the Franco-American actor's unique viral campaign, the film directed by Josh Safdie ("Uncut Gems") has become an unlikely global hit.

"Josh, you made a story about a flawed man with a relatable dream," said Chalamet. "And you didn't preach to the audience about what's right and wrong, and I think we should all be telling stories like that, so thank you for this dream."

The movie is loosely based on the life of table tennis star Marty Reisman, a man driven by the belief that he can achieve fame and fortune through a sport little known in the United States.

Chalamet -- the "Dune" superstar and two-time Oscar nominee who recently portrayed Bob Dylan in "A Complete Unknown" -- rigorously trained in table tennis for the role.

The 30-year-old has in the past made no secret of his ambitions to win multiple Academy Awards, and will now be the frontrunner for the ceremony on March 15.

- Oscars momentum -

The awards bestowed by North America's largest critics' group could give movie campaigns much-needed extra momentum as Oscars voting nears.

This year, it took the coveted first weekend of awards season usually occupied by the Golden Globes, which will take place in Beverly Hills next weekend.

Jessie Buckley won best actress for her tragic role as the wife of William Shakespeare in period drama "Hamnet."

Jacob Elordi won best supporting actor for his portrayal of the Monster in "Frankenstein," which also won three technical awards, while Amy Madigan won supporting actress for a villainous turn in horror flick "Weapons."

Netflix's global mega-hit musical "KPop Demon Hunters" won best animated feature and best song.

"Sinners," a period horror film also seen as a major contender for many of this season's top prizes, had to settle for best original screenplay, young actor, score, and casting and ensemble.

Among the television prizes, hospital saga "The Pitt" won best drama, Hollywood satire "The Studio" won best comedy, and teen murder drama "Adolescence" won best limited series.

Best talk show winner Jimmy Kimmel joked about his spat with US President Donald Trump last year, which saw the late-night host briefly taken off the air.

In the show's opening monologue, host Chelsea Handler paid tribute to the late Rob Reiner, "the nicest guy in Hollywood."

The beloved "When Harry Met Sally" director and his wife Michele were found stabbed to death in their Los Angeles home last month.

"Anyone who ever spent time with Rob Reiner knows that the minute that you met him, he felt like an old friend," she said, to emotional applause from the gathered A-listers and critics.