Warner Bros. Discovery just turned down a hostile bid from Paramount Skydance. Netflix's co-CEOs sent a letter about the decision and the deal.

Photos of Netflix's Ted Sarandos & Greg Peters on the Warner Bros lot sure look like guys about to handed the keys to a iconic kingdom

Industry concerns over Netflix acquiring Warner Bros. has led executives to address fears regarding jobs and theatrical releases.

It appears Netflix will be the ultimate owner of Warner Bros. Discovery, and a new report has revealed what led the David Zaslav-led company to accept the streamer’s offer.

Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders that embracing Netflix’s offer would saddle them with a “heavily indebted, sub-scale linear business.

Netflix stock jumps after WBD backs its $82.7bn deal, but regulatory risk and dilution still loom for investors.

Netflix's Warner Bros. Discovery acquisition excludes WBD's cable assets like CNN. A look at what that means for the news network's future.

Paramount is pushing the regulatory angle hard in the race for Warner Bros. Discovery, insisting it’s the only bidder that “offers a clear path to closing."

Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders. The WBD board recommended shareholders reject that offer and stick with a deal with Netflix.