As Warner Bros. Discovery is set to enter exclusive negotiations with Netflix over a potential acquisition, the Directors Guild of America says it will seek a meeting with the streamer regarding its plans for one of Hollywood's most storied legacy studios.

The memo questions whether the bidding for the studio has been "tilted" in favor of other suitors, cites media reporting on Netflix's bid.

HBO Max might soon be under new management. It's possible that neither party ever expected to shake on anything.

Theater owners voiced their displeasured over Netflix's successful bid for Warner Bros. Discovery, slamming the news as an "unprecedented threat" to the movie business. Cinema United, the world's largest exhibition trade association that represents over 30,

Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing "grave concerns" about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.

Paramount has accused Warner Bros. Discovery executives of involving European Commission members to thwart Paramount's bid.

The streamer has an erratic week with the bust of 'Wake Up Dead Man: A Knives Out Mystery' and the pre-sales success of the 'Stranger Things' series finale stunt.