The acquisition will include WBD’s film and TV studios, HBO and HBO Max, potentially combining well over 400 million streaming subscribers and a massive library of content.

Netflix’s acquisition of Warner Bros. Discovery rewrites Hollywood’s power map, pulling HBO, DC, and major franchises into a single streaming empire.

Former Disney dealmaker Kevin Mayer predicts "more fireworks" in the bidding war for Warner Bros. between Netflix and Paramount.

Netflix co-CEO Ted Sarandos has hinted that HBO won't do major IP-based shows anymore. But that doesn't mean Warner Bros. won't still make them.

Walt Disney Company (NYSE: DIS) and Netflix Inc (NASDAQ: NFLX) reported quarterly earnings that exposed two entertainment giants moving in opposite directions. Disney beat EPS estimates at $1.11 versus $1.