On the same day that Warner Bros. rejected Paramount’s $108 billion hostile bid for the company, CEO David Zaslav welcomed Netflix co-CEOs Ted Sarandos and Greg Peters to the famed Warner Bros. Studio,

The competition between Netflix and Paramount Skydance to acquire the studio is haunted by the ghosts of mergers past.

Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.

The studio owns the only remaining massive trove of iconic IP in Hollywood. No wonder Ted Sarandos and David Ellison are battling to lock it up.

Netflix co-CEO Ted Sarandos tells Canal+ upfronts that Warner Bros. films will get traditional theatrical windows and flow through output deal.

Taking the gloves off, Warner Bros. Discovery is accusing Paramount of misleading shareholders by painting a rosy picture of its proposal, which Warner says falls well short of Netflix's offer.

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’s board has formally said “no thanks” to the $108 billion takeover bid from David Ellison’s Paramount Skydance and unanimously reiterated its support for the Netflix deal. Paramount and Ellison’s financial backers,