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

For now, the outcome remains highly uncertain. Any acquisition of Warner Bros. Discovery would likely be reviewed by the Trump administration, which could move to block a proposed merger over anti-monopoly concerns, according to antitrust experts from Vanderbilt University, the University of Tennessee and the Cardozo Law School.

Mike Schur, the longtime TV writer known for laying the pen down on iconic shows like "The Office" and "Parks and Recreation," shunned the idea of any form of a multi-studio merger with Warner Bros. Discovery since the industry and its consumers will suffer.

According to a new federal lawsuit, a Las Vegas woman is suing Netflix over the proposed Warner Bros. Discovery merger claiming it will drive subscription prices higher.

European Union anti-trust expect Netflix's proposed takeover of Warner Bros Discovery to be investigated, but the view is it's unlikely to be blocked.