Netflix Inc. and Warner Bros. Discovery Inc. will face a skeptical Senate panel Tuesday to defend their $82.7 billion media merger against allegations it will hurt competition in the streaming market.

The fight in Hollywood to buy Warner Bros Discovery appears to be coming to its finale after Netflix backed away from its proposal to buy the company, clearing the way for Paramount Skydance to win a ...

Feb 10 (Reuters) - Paramount Skydance (PSKY.O), opens new tab has enhanced its Warner Bros Discovery (WBD.O), opens new tab bid by offering shareholders extra cash for each quarter the deal fails to ...

This is read by an automated voice. Please report any issues or inconsistencies here. Activist investor Ancora Holdings opposes the Netflix-Warner Bros. deal, urging the board to negotiate with ...

Senators grilled Netflix Co-CEO Ted Sarandos on Tuesday at a hearing over how his company’s proposed $82.7 billion acquisition of Warner Bros. Discovery will affect competition across the ...

Feb 12 (Reuters) - Paramount Skydance is eyeing a prominent hedge fund manager and investor in Warner Bros Discovery to run for a seat on the media company's board to try and scuttle its proposed ...

Netflix will acquire Warner Bros. Discovery for $83 billion pending regulatory approval. CEO Ted Sarandos assured viewers “more content for less [money]” after the merger. The deal could result in ...

This is read by an automated voice. Please report any issues or inconsistencies here. Paramount boosted its $30-per-share bid with a quarterly “ticking fee” of 25 cents per share and agreed to pay ...

NEW YORK (AP) — Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support.

Netflix co-CEO Ted Sarandos is set to testify on Tuesday before a Senate panel scrutinizing how the streaming giant's proposed $72 billion acquisition of Warner Bros Discovery would impact competition ...

Cinema United, the trade org for exhibition, has made public its remarks about the pending Netflix–Warner Bros merger to the Senate antitrust subcommittee, saying, “If Netflix succeeds in acquiring ...

President Donald Trump said he plans to stay out of Netflix and Paramount Skydance’s battle over Warner Bros. Discovery, a shift from comments he made late last year that suggested he could personally ...