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.

The company's board said in a statement Wednesday that it determined that the Paramount offer "is not in the best interests ...

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

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

The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.

Affinity Partners had planned to back a bid by Paramount Skydance to acquire all the assets of media giant Warner Bros.

60 Minutes host Scott Pelley has shared his verdict on the new owners of CBS News following concerns that the network’s reporting would be influenced by the corporate merger between Skydance and ...

If you want to profit, here are the names to watch. Grab the popcorn and settle down, it could be a bumpy ride - but it will ...

Netflix has 'quietly' canceled a popular series, despite the show racking up 152 million views in its first few hours after ...

With their latest buyout bids, Netflix and Paramount Skydance are now among the likely winners in the fight to buy Warner Bros. Discovery, but investors treated them as the losers on Wednesday, with ...