The CEO of Paramount on Monday spoke for the first time about the $110 billion megadeal, which will see the smaller company, backed by tens of billions from his father Larry Ellison and tens of billions in debt from a consortium of lenders, swallow the larger one.

Warner Bros. Discovery's board of directors described Paramount Skydance's latest acquisition offer as "superior" to Netflix's current bid.

Ted Sarandos said he knew "right away" Netflix would decline to counter Paramount’s winning attempt to buy Warner Bros. Discovery and added President Trump's role was overestimated.

There was never going to be a consensus popular winner of the Warner Bros. bake-off. On the one side, you had Netflix, which has spent decades pulling movies away from theaters and onto smaller screens;

The mood among many at CNN on Friday was "beyond bleak," per one source, as news broke Paramount won bidding to acquire Warner Bros Discovery.

Per a new report, some employees at CBS News had some choice words to share after its parent company, Paramount Skydance, revealed its Warner Bros. merger.

Warner Bros. dominated the 2025 box office thanks to original horror hits, and the studio looks to continue the hot streak with The Bride!