Interviews with dozens of actors, producers and camera crews reveal an industry attempting to weigh the lesser of two horrible choices.

Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced their merger. Within days, however, Paramount announced its hostile bid, meaning Paramount plans to appeal to Warner Bros. Discover shareholders in an effort to overcome the wishes of management.

Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a potential sale of Warner Bros. Discovery or its assets to Netflix or Paramount.

In a letter to the Trump administration's antitrust regulators, Republican Sen. Tim Scott warned that the proposed sale of Warner Bros. Discovery to Netflix poses "significant antitrust problems" and "warrants rigorous antitrust review" before it is approved.

Warner Bros. Discovery CEO David Zaslav stands to become a billionaire if WBD completes a sale to either Netflix or Paramount SKydance.

Stephen Colbert is wondering why 'The Late Show' was canceled for financial reasons if CBS' parent company Paramount can offer $108 billion to acquire Warner Bros.

The president has inserted himself, and his desire for a revamped CNN, at the center of the Paramount-Neflix battle.

Stephen Colbert, whose show was canceled by Paramount, wondered about the company's finances amid a $108 billion bid to buy Warner Bros. Discovery.

Netflix is a company that understands the value of themed entertainment. While the world doesn’t have a Netflix theme park (yet), by the time you read this, the company will have opened its second Netflix House complex in as many months, with a third location already planned for Las Vegas.

H ollywood has produced another gripping drama. Netflix’s and Paramount’s $100bn battle to buy Warner Bros Discovery has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and even a cameo from the president’s son-in-law. As the studio weighs its options, expect weeks of entertainment.

As Netflix and Paramount fight for Warner Bros. Discovery, the fate of the giant media company could rest on the value of its cable networks.