Antitrust officials are likening the Netflix purchase of WBD to Ticketmaster buying a popular entertainment venue like Madison Square Garden.

After weeks of an intense bidding process, Netflix is picking up one of Hollywood's oldest studios in a game-changing deal.

Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced their merger. Within days, however, Paramount announced its hostile bid, meaning Paramount plans to appeal to Warner Bros. Discover shareholders in an effort to overcome the wishes of management.

Holy cannoli, Batman. Literally, in this case. Netflix is about to buy Warner Bros. for $82.7 billion. That is a number SO big we cannot wrap our minds around it. But since the fate of Batman is literally at stake, we understand that this is serious business.

HBO Max shares never-before-seen footage from "House of the Dragon," "The Comeback," "War," "Dune: Prophecy," "Lanterns," "Euphoria" and more