Thursday is the day when Warner Bros. Discovery will receive formal bids from potential acquirers. One of those bids is all but certain to come from Paramount, which under CEO David Ellison mostly replaced the creative executives running that company in ...

Should Paramount prevail in its bid to buy the entire company, Warner Bros. Discovery would abandon its efforts to create a stand-alone streaming and studios entity called Warner Bros., and a second publicly traded firm, Discovery Global, comprised of CNN, HGTV, TLC and other basic cable channels.

Father-and-son tech billionaires flash cash to overcome rivals Netflix and Comcast as they pursue a Hollywood empire

Paramount is to submit its bid of around $23.50 a share for Warner Bros. Discovery this week.

Earlier mergers, like Disney's 2019 acquisition of Fox, cut the number of films studios released theatrically — a troubling trend for theater owners already coping with consolidation and streaming.

Larry Ellison discussed with one White House official possibly axing CNN hosts Erin Burnett and Brianna Keilar should David Ellison’s Paramount Skydance purchase CNN parent Warner Bros. Discovery, according to a report in the Guardian.

Methinks there’s plenty of smoke to the notion. Deadline reported a visit and pledge of $1 trillion from controversial Saudi Arabia Crown Prince Mohamad Bin Salman and Comcast CEO Brian Roberts coincidentally recently (wink wink) visited Saudi Arabia, according to the New York Post.

Elizabeth Warren, Bernie Sanders and Richard Blumenthal wrote in a letter that any deal for WBD could create a company that "would have even more market power than the current companies to raise consumers’ television costs.