Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer that has upended the media industry.

In an email to members of Congress, the consortium, calling themselves "concerned feature film producers", said they left their letter unsigned out of fear of retaliation, citing Netflix's significant...

Netflix (NASDAQ:NFLX) returned with a mostly cash proposal supported by a bridge loan that could run into the tens of billions, a structure that suggests the streamer is willing to stretch further tha...