The late move by Paramount Skydance after Netflix and Warner Bros. had already reached a deal raises many questions about regulatory approval and media consolidation.

If Netflix can prevail and gain regulatory approval for the acquisition, it will be well positioned to dominate the entertainment sector. Yet even if it fails to acquire Warner Bros. Discovery, it remains the streaming industry leader, and in the wake of its P/S ratio drop, now would be a good time to scoop up shares.

Company to recommend existing Netflix deal as soon as Wednesday.

Sen. Elizabeth Warren (D-MA) and Sen. Richard Blumenthal (D-CT) are calling on Treasury Secretary Scott Bessent to examine a Paramount-Warner Bros. Discovery transaction that includes foreign investors,

Paramount just announced a $77.9 billion hostile takeover bid for Warner Bros. Discovery. The tender offer comes days after Netflix launched its $72 billion agreement to acquire the company.

Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.

"Landman" claims the top spot on this week's streaming Top 10, launching past "Stranger Things" and Netflix's new Diddy doc

Netflix and Paramount face similar antitrust challenges in their competing bids to acquire Warner Bros. Discovery, with regulators expected to scrutinize both deals.

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.

Will Paramount or Netflix win the fight for Warner? Hollywood's takeover drama is in some ways a flashback to the 1980s, in other ways quintessentially 2025.