The competition between Netflix and Paramount Skydance to acquire the studio is haunted by the ghosts of mergers past.

The closely watched bidding war for David Zaslav’s Warner Bros. Discovery empire has concluded, with Netflix emerging as the victor over NBCUniversal and Paramount Skydance—the latter of which really,

Netflix is after far more than the Warner Bros. movie studio — it wants to destroy cinema as we know it.

Netflix, as part of its offer to acquire Warner Bros. Discovery’s studios and streaming biz, has pledged to continue releasing WB’s movies in theaters, Variety confirmed. Sources familiar with the situation said Netflix informed WBD execs that the ...

For more than a century, the studio has developed era-defining films, supported innovation and created space for artists to explore creativity.

Netflix CEO Ted Sarandos promised that Warner Bros. movies will get a theatrical release, but 'windows will evolve.'

"Hey, you know, it's probably irresponsible for us not to actually bid on this and bid on it in a disciplined way," Greg Peters told CNBC.