The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.

Warner Bros. and Netflix leaders put on a show of force Wednesday when Netflix co-CEOs paid a visit to the Warner Bros. lot in Burbank.

Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid. Two senators are now coming forward and pressing Attorney General Pam Bondi to recuse herself from the review of the deal.

Netflix CEOs call the Warner Bros. acquisition a win, but analysts warn of risks as investors question the $83B deal and Paramount looms.

Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.

Netflix wants to buy Warner Bros. Discovery to challenge YouTube's dominance. Netflix claims this merger would only slightly increase its viewership