Paramount is pushing the regulatory angle hard in the race for Warner Bros. Discovery, insisting it’s the only bidder that “offers a clear path to closing."

WBD's coveted library of content includes franchises like DC's superheroes, Harry Potter, Lord of the Rings, Game of Thrones, Looney Tunes and Scooby-Doo.

Exclusive talks, White House pressure, and a potential end to the streaming wars--inside the media deal shaking global entertainment.

Ahead of Warner Bros. Discovert's sale, Paramount Skydance has alleged the company of making unfair sale practices as Netflix takes the lead!

A source close to WBD said the media giant believes this is now a “horse race” between Paramount Skydance and Netflix whose outcome is a “toss up,” giving it “50 50” odds.

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While Netflix (NFLX) is reportedly the leading bidder in its offer to acquire Warner Bros. Discovery's (WBD) studio segment, according to CNBC, Paramount Skydance (PSKY) called the bidding process "tainted" in a new letter to WBD CEO David Zaslav.

Netflix is in exclusive talks to acquire Warner Bros. Discovery's film and TV studios and HBO Max streaming service, according to sources from Bloomberg and CNN. That suggests Netflix submitted a superior offer to rivals including Paramount Skydance Corp (owned by billionaire Larry Ellison) and Comcast,