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The NASDAQ-listed company will consolidate its Class A shares to boost its stock price and reduce its total outstanding share count to approximately 944,778.

Netflix officially exits the bidding war for Warner Bros. Discovery, paving the way for Paramount Skydance to finalize a $31-per-share acquisition by the third quarter of 2026.

The blockbuster deal creates a media titan saddled with $79 billion in debt, as Paramount+ and HBO Max prepare to unite against Netflix.

The Department of Justice and California's Attorney General Rob Bonta are actively scrutinizing the proposed acquisition, citing concerns over market consolidation, consumer impact, and potential job

The streaming giant walks away from a Warner Bros. Discovery acquisition, opting for a massive 2026 content budget and a $2.8 billion breakup fee.

The 50/50 partnership with RedBird IMI combines 'Big Brother' and 'The Traitors' into a massive 260,000-hour library.

Paramount Global has reportedly raised its all-cash offer to acquire Warner Bros. Discovery, prompting the WBD board to re-evaluate its existing merger agreement with Netflix.

Warner Bros. Discovery is reviewing a revised $31 per share acquisition bid from Paramount Skydance, potentially creating a fresh challenge to its existing agreement with Netflix.