Paramount fired back that the Ellison family did provide the needed guarantees and pointed to Larry Ellison's long business record. Paramount said it would continue with its hostile takeover of Warner.

The board of Warner Bros. Discovery officially rejected David Ellison ‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.”

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

Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.

Netflix is a company that understands the value of themed entertainment. While the world doesn’t have a Netflix theme park (yet), by the time you read this, the company will have opened its second Netflix House complex in as many months, with a third location already planned for Las Vegas.

Netflix recently agreed to buy Warner Bros. Discovery for $72 billion, which would create an entertainment juggernaut — and kicked off a fair share of criticism. The deal would mean the streamer would own some of the biggest franchises in the world: DC Comics,

The 9th U.S. Circuit Court of Appeals on Oct. 27 upheld a district court’s awarding of a summary judgment decision to two Warner Bros. entities, WB Studio Enterprises, Inc. and Warner Brothers Entertainment, Inc., following a White camera operator’s ...

As the future of the studio hangs in the balance, Warner Bros. Discovery and Netflix leaders put on a show of force Wednesday afternoon when Netflix brass paid a visit to the Warner Bros. lot in Burbank,