In what’s been a pivotal week in Netflix’s bid to purchase the streaming assets and studios of Warner Bros. Discovery, that’s now come to an end, with Netflix confirming it is walking away from its pursuit of Warner Bros.

A sweetened offer gives David Ellison and Paramount another shot at claiming the studio as talk in town turns to who's backing which bid.

Netflix co-CEO Ted Sarandos is vigorously making his case on why Netflix should be the ultimate owner of Warner Bros. Discovery.

On Thursday, after Warner’s board announced that Skydance-owned Paramount’s offer was superior to the agreement it had previously struck with Netflix, the streaming giant said the new price that would be required to buy Warner would make it a deal that is “no longer financially attractive.”

Netflix co-CEOs Ted Sarandos and Greg Peters laid out their case for acquiring Warner Bros. Discovery — attempting to calm nerves in Hollywood even as they face a hostile rival bid from Paramount Skydance. In a letter to employees, the two bosses moved ...

If you've ever sat at an auction and heard the staccato voice of the auctioneer, you might have a fair understanding of what it's like right now in the wild bidding for Warner Bros. Warner Bros, home of Superman and Batman, might seem somewhat esoteric to ...