With Netflix’s $82.7bn offer comes the promise of $2-3bn of cost savings per year by the third year. In the UK, where both Netflix and Warner Bros have huge teams spanning production, marketing, PR, distribution, studio facilities, commissioning and legal, job losses are going to be inevitable.

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

In today’s Digest, we discuss Netflix acquiring Warner Bros Discovery, X being hit with a €120m EU penalty, and the UK eyeing tougher laws for AI chatbots.

The future ownership of Warner Bros has come down to a battle between Netflix and Paramount. If the government is looking out for the best interest of the entertainment industry, should either be allowed to close the deal?

Streaming giant Netflix said it will buy film and television studio Warner Bros. Discovery in a massive $82 billion deal

The recent news that Netflix has agreed to buy part of Warner Bros Discovery (WBD) for US$83 billion (£61.8 billion), followed by Paramount Global's hostile counterbid to acquire WBD in its entirety for US$108.

Dan Jones and co discuss potential Hollywood megamergers, the driverless revolution & results from housebuilder Berkeley

Warner Bros. Discovery (WBD) is back in the spotlight on Wednesday morning, as reports have said the media business is planning to recommend to shareholders that they reject Paramount Skydance's (PSKY) $108.