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vol . 5 , no. 27 : march 4-10, 2026 : losgatan.com
: beyond text p9
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the tasting house p10
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police blotter p12 Jonathan Natividad
NETFLIX DROPS WARNER BID, SET TO POCKET $2.8 BILLION Buyout will leave Paramount-Warner with $90 billion in debt Dan Pulcr ano, Executive Editor
Los Gatos-based Netflix Inc. announced last Thursday that it was walking away from efforts to acquire the legendary Hollywood studio Warner Bros. The publicly-traded streaming behemoth and movie producer is positioned to pocket a $2.8 billion termination fee—one of the largest breakup fees in corporate history—after the Southern California news and entertainment company negotiated with Paramount Skydance to sell the company at a higher price. Paramount, which is controlled by Silicon Valley billionaire Larry Ellison and his son David, will pay $111 billion for the historic Hollywood studio. Warner Bros. Discovery Inc. owns streaming and film studios, along with cable channels including CNN, Food Network, HBO, HGTV, TBS, TNT and Turner Classic Movies. “ The transaction we negotiated would have created shareholder value with a clear path to regulatory approval,” Netflix co-CEOs Ted Sarandos and Greg Peters said in a Thursday statement. “We’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid.” ➝ Netflix, 4
SWEET VICTORY The Los Gatos High School girls soccer team celebrates after defeating St. Francis in the CCS Division I championship match on Feb. 27 at Stevens Stadium.
WILDCATS EARN ‘BEST IN THE CCS’ BRAGGING RIGHTS Girls soccer team edges St. Francis in penalty kicks for D1 title Emanuel Lee, Sports Editor
In a clash worthy of a championship stage, the Los Gatos High School girls soccer team outlasted perennial power St. Francis on Feb. 27, capturing the Central Coast Section Division I title in a bruising, edgeof-your-seat battle that went the distance at Santa Clara
University’s Stevens Stadium. The matchup between the powerhouse programs Wildcats and Lancers delivered on every promise—hard tackles, relentless pressure and end-to-end action—with neither side yielding through 80 minutes of regulation followed by 20 minutes of overtime and an estimated 10 minutes of stoppage time. When it finally came down to penalty kicks, the Wildcats held their nerve, converting under pressure and sealing a victory that will be remembered as one of
the best in program history. They prevailed 4-3 in the PK shootout, after neither team could score in 100-plus minutes of action. “We knew it was going to be a tough one,” Wildcats coach Lisa Mitchell said. “We knew it was going to be a battle. The defenses played great, the goalies played great, so for it to go to PKs was just one of those things that happen when great teams are battling it out.” Los Gatos (18-1-3) received the No. 3 seed in the CIF State ➝ Soccer, 8
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