The United States swept the hockey gold medals at the Winter Olympics for the first time, beating Canada 2-1 in overtime in both the men’s and women’s tournaments and finishing the tournaments unbeaten.
It set off a celebration that quickly became political:
— Women’s team: The players largely steered away from politics. Many said they failed to notice Vice President JD Vance, his family and guests — and large security detail — attending two preliminary round games where they sat directly opposite the U.S. bench. They celebrated Team USA’s third Olympic gold medal in women’s hockey win by wrapping themselves in the stars and stripes following Megan Keller’s overtime goal.
“We’re America’s team in the best way and through positivity and trying to inspire through sport,” captain Hilary Knight said. “And whatever political climate is going on, we’re just trying to have a positive impact through our play, and obviously show up and represent our country to the best of our ability, because we are proud Americans and there’s great unity that we can find through sport together.”
— Men’s team: The celebration following Jack Hughes’ goal was dramatic and engaging, with Hughes displaying a toothless grin, and others paying tribute to late player Johnny Gaudreau, who died in August 2024. The men were joined in the locker room by FBI Director Kash Patel and got a speakerphone call from President Donald Trump.
— Men's team: During his call, Trump invited the team to attend his State of the Union address two days later before adding he would have to invite the women’s team as well. He later said if he didn’t invite the women, he’d risk being impeached, which led to the players laughing at a comment many saw as sexist. Most of the team joined Trump at the White House on Tuesday and made a big entrance at the Capitol, where they were cheered with shouts of “U-S-A, U-S-A!”
— Women's team: The team didn’t receive a congratulatory call from the president, and didn’t learn of the White House invitation until hours after the men’s game ended. The team politely declined the invitation, citing travel logistics put in place days earlier. Trump said he expected the women to visit the White House soon, but there is no timetable, and the earliest the team could schedule a visit is after the PWHL season ends in late May. Most of the team is expected to attend a “She Got Game” celebration being hosted by rapper Flavor Flav in Las Vegas in mid-July.
— Women's team: Traveling commercial and paid for by USA Hockey, the women were scheduled to fly though New York City but were re-routed to Atlanta due to bad weather. The women were given the choice to attend the State of the Union speech, but declined as they were eager to return home. The women spent an extra week in Milan because their tournament opened earlier. The PWHL season resumed Thursday.
— Men's team: The players flew by charter — paid for by the NHL and NHL Players' Association — direct to Miami. The men were also flown on an Air Force plane to the Washington area for the White House visit. The NHL season resumed Wednesday.
The men have spent much of the week answering questions about why some of them laughed during Trump’s joke. Many said they were caught up in the celebration. Boston Bruins goalie Jeremy Swayman said they “should have reacted differently” to Trump’s remarks.
“I just thought the joke was distasteful and unfortunate,” Knight said Wednesday.
Still, by all accounts the two teams became close in the athletes’ village and supported each other’s runs to gold. They have emphasized that this week.
“We watched other events together," said Florida Panthers star Matthew Tkachuk. “We went and supported them. We loved the women’s team. The women’s team loved us and we’re so proud that we had a clean sweep of gold medals and just so much respect for them and the other athletes.”
A doctored TikTok video posted on the White House account showed U.S. player Brady Tkachuk appearing to disparage Canadians. Tkachuk, Matthew's brother who plays in Canada’s capital of Ottawa, said the audio attributed to him was fake and said he was disappoitned by the post, which carried a note saying it contained AI-generated media.
“I’m not in control of any of those accounts," he said. "I know that those words would never come out of my mouth.”
Tkachuk also denied being the voice heard shouting “close the northern border” during Team USA’s call with Trump. It is not clear who did.
— Men’s team: It’s back to the NHL schedule, playoff races and rejoining many of the teammates they played against in Milan. Though Matthew Tkachuk brought his gold medal to practice, he said he took a low-key approach to not show it off too much so not to offend his Canadian teammates.
— Women’s team: The PWHL schedule resumed after a month-long Olympic break, while the seven U.S. college players prepare for their respective conference playoffs. The PWHL is enjoying a major post-Games boost, the first since the league was established three years ago.
The league reported its two biggest days of in-season home venue ticket sales on Feb. 24 and 25. Merchandise sales in February jumped by 101% compared with the first two months of the season. The league’s 61 Olympians gained 760,000 more followers to their combined social media accounts and the league reported a 200% increase in YouTube video views.
AP Olympic coverage: https://apnews.com/hub/milan-cortina-2026-winter-olympics
Florida Panthers left wing Matthew Tkachuk (19) skates with an American flag before an NHL hockey game honoring the players on the USA team winning the gold medal at the Milan Cortina Olympics,, Thursday, Feb. 26, 2026, in Sunrise, Fla. (AP Photo/Lynne Sladky)
United States' Kendall Coyne, left, and United States' Hilary Knight celebrate after victory ceremony for women's ice hockey at the 2026 Winter Olympics, in Milan, Italy, Thursday, Feb. 19, 2026. (AP Photo/Hassan Ammar)
The gold medal is pictured after the men's ice hockey gold medal game between Canada and the United States at the 2026 Winter Olympics, in Milan, Italy, Sunday, Feb. 22, 2026. (AP Photo/Hassan Ammar)
Two of Hollywood’s oldest studios may be consolidating into one. In a shocking twist after a monthslong bidding war, Paramount has emerged as the apparent victor in the fight to acquire Warner Bros.
Netflix, who backed away from the deal Thursday, had hoped to win the movie studio and its vast film library. Paramount wants it all: Movies, cable networks and news.
Almost 10 years ago, Hollywood's big six became the big five when Disney bought most of 20th Century Fox. Now the big five looks like it's destined to become the big four, including Universal and Sony, and the business of Hollywood moviemaking is one again in a time of profound transition.
Here’s what we know, what we don’t and some burning questions.
Simply put, it was no longer “financially attractive,” the company said.
In December, Netflix had reached a deal to acquire some of Warner Bros. Discovery’s assets: Their library, movie studio and HBO. Almost immediately Paramount, who months earlier had expressed interest in purchasing Warner Bros., initiated a hostile takeover bid for the whole company, which culminated in a $31 per share offer this week. Netflix, whose previous offer was $27.75 per share, declined to counter.
“We believe we would have been strong stewards of Warner Bros.′ iconic brands,” Netflix’s co-CEOs Ted Sarandos and Greg Peters said in a joint statement. “But this transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.”
Warner had repeatedly backed the deal it struck with Netflix right up until Thursday evening, when its board continued to recommend Netflix even while calling Paramount’s bid, valued at about $111 billion including debt, “superior.”
David Zaslav, the chief executive of Warner Bros. Discovery, said in a statement that they’re excited about, “the potential of a combined Paramount Skydance and Warner Bros. Discovery and can’t wait to get started working together telling the stories that move the world.”
Paramount Skydance chairman and CEO David Ellison has said that he would like to grow their combined slate to more than 30 movies a year, keeping Paramount and Warner Bros. as stand-alone operations.
In documents filed to the Securities and Exchange Commission last month, Paramount said, “Our priority is to build a vibrant, healthy business and industry — one that supports Hollywood and creative, benefits consumers, encourages competition, and strengthens the overall job market.”
They’ve also said they would look for ways to save some $6 billion through job cuts in “duplicative operations.”
Executives at Paramount have argued that merging with Warner will allow it to compete with bigger rivals particularly in the streaming space and bring larger content libraries for its customers.
Reminiscent of the hours after the Netflix deal was announced in December, there isn’t much public chatter from those inside the industry yet, but with several awards shows in the near future, including the Actor Awards Sunday, the relative silence is poised to break soon.
The Paramount news broke as promotion is happening for Warner Bros'. latest movie, “The Bride!” Filmmaker Maggie Gyllenhaal told The Associated Press Friday that she didn’t feel prepared to speak to the deal specifically, but she did offer praise for the studio that supported her film.
“I was reading tweets about it as I woke up this morning,” Gyllenhaal said. “I don’t have a position but I do feel really deeply supported by (Warner Bros. Motion Pictures Chairs) Pam (Abdy) and Mike (DeLuca) and I feel that they have been taking a slightly different route than most of the other people around them. They’ve been supporting films that are actually about something while at the same time, I think, encouraging the filmmakers who are making them to reach as big of an audience as possible. That combination is very specific and very precious.”
Warner Bros., among the most filmmaker friendly studios operating, has had a banner year with major blockbusters and critical successes. This year they collected 30 Oscar nominations thanks to “Sinners,” “One Battle After Another” and “Weapons.” Paramount films received zero.
In 2025, Warner Bros. movies (including “A Minecraft Movie,” “Superman” and “Sinners”) also accounted for 21% of the domestic box office; Paramount’s market share was only 6%, driven largely by “Mission: Impossible — The Final Reckoning,” which didn't even place in the top 10 (it was 11th).
In November, Paramount pledged to up its 2026 theatrical output to at least 15 movies. Before the Skydance merger, the studio was more regularly releasing eight movies a year.
Though Paramount’s less than stellar 2025 has been attributed to the previous regime, Skydance has also not had the smoothest run at the box office, and its biggest hits have centered around Tom Cruise, with “Top Gun: Maverick,” its only billion-dollar film, and five “Mission: Impossibles.” It’s attempts to restart the “Terminator” franchise were less successful.
While Warner Bros. has succeeded with a combination of original and franchise films, Paramount's slate is decidedly more franchise heavy with intellectual property like “Transformers,” “Scream,” “Sonic the Hedgehog,” and “Paw Patrol” in their arsenal.
Cinema United, the trade organization representing movie theaters, was vehemently opposed to a Netflix-owned Warner Bros. for fear of what it might mean for movie theaters. Exhibition and box office has not fully recovered since the pandemic — previously the annual domestic box office would regularly surpass $11 billion. Since 2020, it’s only exceeded $9 billion once.
But consolidation is also a concern. Although Paramount has an established background in theatrical distribution, Cinema United worried about that outcome as well, which they explained in a statement to the Senate Judiciary subcommittee hearing in early February, noting that a combination of Paramount and Warner Bros. would consolidate as much as 40% of each year's domestic box office in a single studio.
“We have been clear from the outset about our concerns around consolidation, and nothing that has occurred within the past 36 hours has changed that," said Cinema United's president and CEO Michael O'Leary, in a statement Friday. "Studio consolidation historically leads to fewer movies being made, and at this juncture, there is no reason to believe the outcome here will be any different. We continue to urge regulators to heed the lessons of the past.”
In theory, a guaranteed 30 films a year would be a good thing for movie theaters, assuming they all go to theaters and it’s not a combination of theatrical and streaming titles as has happened with a Disney-owned 20th Century Studios. But some are skeptical that will pan out.
Hollywood historian and author Mark Harris wrote on Bluesky that “the idea of a Paramount-WB merger producing 30-40 movies a year is an absurd fiction.” He predicted that first Warner Bros. will become the “classy” label within Paramount, “then it will become the specialty or streaming label. Then it will die.”
This remains unclear. It’s possible there will be a bundling situation as with Disney+ and Hulu.
With Paramount taking on billions in debt and equity for this deal to go through, many are wondering what will happen to the two California studio lots, especially in a moment where productions are rarer and rarer in California.
The storied Paramount lot on Melrose in Los Angeles has 30 stages on 65 acres, hosting productions from “Sunset Boulevard” to “Forrest Gump.” Warner Bros. Studios in Burbank sits on a 110-acre lot with 31 soundstages and 11 exterior sets, where productions have included “My Fair Lady,” “Gilmore Girls” and “Friends.” Both are historic sites in their own right. Warner Bros. also has a massive studio in the U.K., in Leavesden.
That remains to be seen. The U.S. Department of Justice has already initiated reviews, and other countries are expected to do so, too.
CAPTION CORRECTS THE FILM TITLE - Director Maggie Gyllenhaal poses for photographers upon arrival at the World premiere for the film "The Bride!" in London, Thursday, Feb. 26, 2026. (Photo by Scott A Garfitt/Invision/AP)
FILE - Producer David Ellison poses during the 'Top Gun Maverick' UK premiere at a central London cinema, on May 19, 2022. (AP Photo/Alberto Pezzali, File)
FILE - The Paramount Pictures water tower is seen in Los Angeles, Dec. 18, 2025, with the Hollywood sign in the distance. (AP Photo/Jae C. Hong, File)
