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

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

Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders against embracing Netflix's pending offer.

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

Mario Gabelli, GAMCO Investors CEO and a WBD shareholder, told CNBC's Becky Quick on Wednesday that while he was previously leaning toward the Paramount offer, "the most important part is to keep it in play," hoping for more back-and-forth from both bidders. Netflix on Wednesday said it "welcomes" the Warner Bros. Discovery board's recommendation.

The hostile offer may outmuscle Netflix on price, but WBD’s decision hinges on competing futures: a clean reset under Paramount or a deeper strategic alignment with the world’s dominant streamer.

The future ownership of Warner Bros has come down to a battle between Netflix and Paramount. If the government is looking out for the best interest of the entertainment industry, should either be allowed to close the deal?

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.

Netflix hosting Anthony Joshua’s showdown against Jake Paul this Friday, at the same time it moves closer to a possible takeover of Warner Bros Discovery, signals something bigger than a one-night spectacle.