Jared Kushner's private equity firm Affinity is dropping out of a group that planned to help finance Paramount Skydance's hostile takeover bid for Warner Bros.

Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?

Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.

President Donald Trump, for some reason, lashed out again at Paramount Skydance chief David Ellison and his father, Larry Ellison — complaining about his treatment by CBS News’ “60 Minutes” newsmagazine.

Netflix co-CEO Ted Sarandos made a surprise appearance at Canal+’s The Original+ showcase in Paris on Tuesday, seeking to calm French industry fears about the streaming giant’s $83 billion acquisition of Warner Bros.

The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.

The Hollywood Reporter was on hand for Tuesday's groundbreaking at the future site of 1888 Studios, where Paramount will be the anchor tenant.

Some of Wall Street’s biggest rainmakers are vying for a windfall as the Paramount-Netflix bidding war for Warner Bros Discovery reaches a climax, capping a blockbuster year for mergers and acquisitions.