When Warner Bros. Discovery announced that it was open to the possibility of a sale, the entertainment giant was careful to mention that it has already received multiple unsolicited offers "for both the entire company and Warner Bros." We knew about WBD's plan to split back into two corporate entities, and that the company had [...]

Netflix has announced that it's struck a deal to acquire Warner Bros. for $82.7 billion. The purchase will go through after Warner Bros.' planned split from Discovery, now expected to take place in Q3 2026. It will see the streamer acquire the Warner studio, both HBO and HBO Max, and access to IP including Harry [...]

Though Paramount Skydance was trying to buy Warner Bros. Discovery for much more money than Netflix is offering, David Zaslav and the rest of WBD's board are urging their shareholders to give Oracle scion David Ellison the cold shoulder. Today, WBD's board announced that it has unanimously decided that its shareholders would be much better [...]