Warner Bros. Discovery is telling shareholders to reject an unsolicited takeover bid from Paramount Skydance, saying an offer from Netflix will be better for them and customers.

Warner Bros. Discovery has officially rejected Paramount’s hostile takeover bid, advising its shareholders to do the same.

The streamer's co-CEO made a surprise appearance at a Tuesday night event in Paris, organized by Canal+ Group.

Warner Bros. Discovery's board told its shareholders that Paramount Skydance's offer "provides inadequate value" for the ...

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and ...

The media company formally rejected a hostile takeover bid by Paramount and questioned the purported political advantages ...

Paramount fired back that the Ellison family did provide the needed guarantees and pointed to Larry Ellison's long business ...

Warner Bros. Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid, saying it failed to provide adequate ...

Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount ...

Netflix co-chief executives Ted Sarandos and Greg Peters say the streamer will see only a slight increase in share of TV ...

Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.

Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. "a win for the entertainment ...