A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, challenging a multibillion-dollar Netflix deal to buy the entertainment juggernaut.

Before Netflix bought Warner Bros., the streaming giant reportedly had its sights set on another major studio: Disney. According to a new report from Bloomberg, Netflix had previously considered buying Disney, along with a number of other media companies, but had always ultimately decided against it.

This Friday morning, Netflix announced plans to acquire Warner Bros. in an unprecedented deal valued at $82.7 billion. By fall 2026, when the acquisition is likely to complete, Netflix will own its former rival’s historic film and TV studios,

Netflix announced a $72 billion deal to acquire Warner Bros. Discovery. If the deal goes through will Netflix and HBO Max merge? Here's what we know.

Netflix announced a blockbuster deal to acquire Warner Bros.' film and TV studios, HBO and HBO Max last week. But will regulatory challenges halt it?

Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 billion, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.

Here's how the Trump Administration could stop the deal from moving forward, or help Paramount get it instead of Netflix

Netflix attempted to get into the video game business by almost buying one of the biggest developers in the world.

David Ellison fought hard to win Warner Bros. Discovery. But despite his strenuous efforts, he lost out to Netflix — and now Ellison is switching from carrots to sticks: Paramount Skydance is taking its case directly to shareholders in a hostile takeover bid for WBD.