Webtoon Entertainment will bring a batch of stories that originated on mobile phones to life as animated projects under a new deal with Warner Bros. Animation. The companies intend to enter into an agreement to co-produce 10 fan-favorite Webtoon webcomics ...

Paramount is challenging Netflix's proposed acquisition of Warner Bros. with a hostile bid, which could deal the streamer a big blow.

Warner Bros Discovery has agreed to sell its iconic studio and streaming assets to Netflix for $72 billion, in a move that will reshape Hollywood by creating a vertically integrated media powerhouse.

The surprise bid disrupts Netflix’s near-finished deal and ignites a new battle over control, financing, and the future of major Hollywood assets.

Netflix’s stunning $82.7 billion bid for Warner Bros. has kicked off one of Hollywood’s biggest shake-ups ever. The streamer is assuring users nothing changes yet, but the deal has creators, fans, and even President Trump weighing in on its massive industry impact.

NEW YORK, Dec. 8, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros. Discovery" or "WBD") (NASDAQ: WBD) today confirmed Paramount Skydance Corporation ("Paramount Skydance") (NASDAQ: PSKY) has commenced an unsolicited tender offer to acquire all of the outstanding shares of Warner Bros. Discovery common stock.

"I think CNN should be sold," Trump said, slamming the news outlet's leadership as its parent company faces potential acquisition.

When you buy through links on our articles, Future and its syndication partners may earn a commission. Netflix CEO Ted Sarandos has responded to concerns that Warner Bros.' theatrical releases will be impacted after the streamer bought the studio for $82.