The trade association representing theater owners warned a congressional committee that the acquisition of Warner Bros.

News of Netflix’s bid to buy Warner Bros last week sent shock waves through the media ecosystem. The pending $83 billion deal is being described as an upending of the existing entertainment order, a ...

Warner Bros. Discovery is urging its investors to stick with the $72 billion Netflix acquisition offer and reject Paramount Skydance’s hostile buyout bid. Warner’s board called Paramount’s hostile ...

Netflix says it will buy Warner Bros. Discovery for $72 billion, one of the most colossal mergers in recent Hollywood history ...

Like Paramount, other big legacy media companies are still in the midst of a transition period in moving more to streaming from linear TV platforms - all to compete with the companies like Netflix.

NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Warner Bros Discovery has rejected Paramount Skydance's bid. This move could pave the way for a deal with Netflix. The media ...