Netflix said on Thursday that it will not match Paramount Skydance's latest bid for Warner Bros. Discovery, clearing the way for a massive merger that could shake up the entertainment and media indust...

Warner Bros Discovery (WBD.O) said on Friday it has agreed to be acquired by Paramount Skydance (PSKY.O) in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agr...

Warner Bros declared Paramount’s sweetened $31-per-share, all-cash entreaty superior to its previously agreed arrangement with Netflix, at $27.75 apiece.