Netflix will be backing out of its deal with WB in the wake of the studio's board deeming Paramount's improved offer superior. 

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Paramount Skydance is celebrating the fact that its takeover bid for Warner Brothers Discovery has survived its first regulatory hurdle.

The post Paramount Celebrates as Warner Bros. Takeover Bid Clears U.S. Antitrust Waiting Period appeared first on Breitbart.

Academy Award-winning movie titan James Cameron penned a letter Sen. Mike Lee (R-UT) warning that Netflix acquiring Warner Bros. Discovery could lead to the death of cinema. 

The post James Cameron Fears Netflix Acquiring Warner Bros. Will Lead to Death of Cinema in Letter to Sen. Mike Lee appeared first on Breitbart.