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EXCLUSIVE: Ted Sarandos’ testimony Tuesday in front of a pivotal Senate subcommittee could be countered with landmines from a MAGA think tank that are intended to blow up Netflix’s path to buying most of Warner Bros Discovery. Distributed to the White House and others, a recent report from a…

Just over a month after the Directors Guild vowed to meet with the companies seeking to acquire Warner Bros, the guild’s president Christopher Nolan confirms that the union has held discussions with both Netflix and Paramount over its concerns about the legendary company being swallowed by a…

Netflix is not yet close to completing its $82.7B takeover of Warner Bros. Discovery, but the deal already is facing serious opposition in the UK. A group of 18 influential cross-party lawmakers, including three former culture secretaries and an ex-BBC director general, have written to the UK’s…

A Senate committee will examine the proposed Netflix acquisition of Warner Bros at a hearing scheduled for next week, with co-CEO Ted Sarandos scheduled to testify. The hearing before the Senate Judiciary antitrust subcommittee will be held February 3, a spokesperson for Sen. Mike Lee (R-UT)…

The temperature is rising in the Warner Bros Discovery chase, with key figures at Netflix and Paramount ridiculing the other companies’ merger proposals. Netflix, running what might be termed Operation Reassure Wall Street, has recently made Co-CEOs Ted Sarandos and Greg Peters available to…

Paramount has extended the deadline for Warner Bros. Discovery shareholders to throw their support behind the company’s hostile takeover bid. The initial deadline of Wednesday has now been pushed to February 20, the company said in an SEC filing. Paramount CEO David Ellison, along with his…

Netflix’s senior management team continued to campaign Tuesday for their pending $82.7 billion acquisition of Warner Bros., billing it as a surprising opportunity they didn’t want to miss. Speaking Tuesday afternoon after the company reported a solid set of fourth-quarter earnings results…

Netflix will report fourth-quarter earnings after the close of trading Tuesday, with Wall Street’s focus on the results magnified by the streaming giant’s pursuit of Warner Bros. Ahead of the earnings release, Netflix shifted its $82.7 billion offer for the streaming and studios division of…

Netflix has switched its agreement for Warner Bros. Discovery to an all-cash deal. The new offer still values Warners at $27.75 per share, but it removes the $4.50 Netflix stock element, which was part of the earthshaking agreement revealed last December. Discovery Global, the parent of cable…

John Oliver is no fan of mergers, regardless of a company’s suitors. “I think mergers are generally bad,” the host of HBO’s Last Week Tonight said Thursday on Trevor Noah’s What Now? podcast. “I think you’re always looking for the least bad option.” In the case with the biggest potential impact…

Ted Sarandos has truly come full circle in his take on the theatrical window, telling the New York Times in an interview that following the streamer’s acquisition of Warner Bros, “We will run that business largely like it is today, with 45-day windows.” That’s the first time in his recent press…

A Delaware Chancery Court judge ruled today that Paramount has not identified any "irreparable harm" to itself as a Warner Bros. Discovery shareholder that would justify expedited disclosure as it pursues a hostile tender offer for the media giant. "Paramount as a stockholder must suffer…