Paramount Skydance is still trying to make its case to Warner Bros. Discovery shareholders that it's the better suitor -- after WBD's board again rejected its latest takeover offer this week.

Paramount Skydance gained fresh ammunition in its campaign to convince Warner Bros Discovery shareholders that its $108.4 billion bid for the storied Hollywood studio, HBO, and Discovery Channel is the better offer: the market's response to Comcast's spin-off.

We also speculate on the year ahead at Sundance, AI digital actors like Tilly Norwood, and on the upcoming round of labor negotiations.