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.

The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. By Benjamin Mullin Lauren Hirsch and John Koblin Paramount on Monday mounted a ...

Netflix seemed to have a clear path to acquiring Warner Bros., but Paramount Skydance's hostile takeover bid has thrown that into question. The top question right now: Is Netflix still buying Warner ...

Netflix has admitted it did not attribute any value to Warner Bros.’ video game business in its $82.7 billion acquisition deal, sparking concern for the future of everything from Mortal Kombat to ...

Warner Bros. Discovery has received a second round of bids, including a mostly cash offer from Netflix, in an auction that could conclude in the coming days or weeks, a source familiar with the matter ...

Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay. By Lauren Hirsch As Paramount ...

Netflix has announced a $72 billion deal to acquire Warner Bros. Discovery and its popular franchises. The merger would combine Netflix's 300 million subscribers with HBO Max's nearly 130 million ...

Netflix on Friday said it is buying Warner Bros. in a deal valued at $82.7 billion, merging the biggest streaming service with a storied studio that has produced films such as "Casablanca" and the ...

Netflix announced Friday that it has agreed to acquire Warner Bros. Discovery’s film studio and HBO assets, including the streaming service, for $82.7 billion, including debt. Netflix outbid media ...

Netflix has agreed to buy Warner Bros. Discovery, an unprecedented $72 billion deal between a streaming media giant and a venerated Hollywood studio that will shake up the entertainment industry. In ...

Filmmaker Gregory Orr says the streaming giant must commit to be "a steward of a very worthy and necessary theatrical experience." By Chris Yogerst “The potential sale of WBD does not sit well with me ...

It’s official: In a move that will dramatically reshape the entertainment business, Netflix and Warner Bros. Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., ...