The statement came after Warner Bros. Discovery's board of directors described Paramount Skydance's latest acquisition offer ...

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business in a stunning move that effectively puts Paramount in a position to take over its storied ...

Netflix will walks away with a hefty $2.8 billion breakup fee as Warner Bros. Discovery shifts to Paramount and M&A drama ...

In a surprising move, Netflix bowed out of the race to buy Warner Bros. Discovery, paving the way for Paramount's victory.

Sources says that the White House was unmoved by Sarandos’ arguments, that competition from social media negates their antitrust concerns, and that the administration would oppose the deal.

Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.

Warner Bros.’ determination is a new chapter in the bidding war for the studio and now Netflix has four business days to decide whether it wants to counter Paramount’s offer.

Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.

Warner Bros. Discovery is opening the door to a bidding war between Paramount and Netflix, labeling Paramount's latest bid a ...

Paramount Chief David Ellison, who began his pursuit of Warner Bros. last fall, said he was pleased Warner's board ...