The streaming giant appears to have emerged victorious over Paramount and Comcast, though there is a lot that needs to happen for the deal to close.

I believe Netflix has no interest in the cable side," Meltzer said, speculating that Netlfix would simply buy the WBD library of movies and shows, and the HBO Max streaming service, and sell TBS, TNT,

Netflix has made a mostly cash offer to purchase the Warner Bros. studio and HBO Max, while Paramount has submitted an all-cash bid for the entire company, The Post previously reported.

A consortium of top industry players have sent an open letter full of alarm to Congress, describing a potential economic and institutional meltdown in Hollywood if Netflix succeeds in its effort to acquire Warner Bros.

Market Catalysts host Julie Hyman tracks several of the day's top trending stock tickers, including Netflix (NFLX), Comcast (CMCSA), and Paramount Skydance's (PSKY) latest respective bids on Warner Bros.

The Government Accountability Office, which provides auditing and investigative services for Congress, is investigating Federal Housing Finance Authority Director Bill Pulte at the request of Senate Democrats.

Matt Belloni, Puck founding partner, joins 'Power Lunch' to discuss Netflix's proposed bid for Warner Bros. Discovery, what will happen with CNN and much more.

Warner Bros Discovery (WBD) lawyers have responded to a letter from Paramount that was leaked to the press in which David Ellison’s company expressed concern to the WBD board over what it called a “myopic” bidding process with “a predetermined outcome that favors a single bidder”.