Netflix’s bid to buy Warner Bros. Streaming & Studios for $82.7 billion has become a defining test of power in modern entertainment, pitting a dominant digital platform against a weakening cable-based legacy while regulators,

It’s only been a day since Netflix announced an $82.7 billion deal to acquire Warner Bros., and the acquisition has already been described as sending Hollywood into “full-blown panic mode,” “possibly a death blow to theatrical filmmaking,

Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group

Plus, the president allows China to get Nvidia chips and unveils a $12 billion bailout for farmers, in this edition of the WSJ Politics newsletter.

Netflix's leadership spins the acquisition as pro-consumer and pro-Hollywood and pushes back on antitrust concerns. 'We didn’t buy this company to destroy' its value, says co-CEO Ted Sarandos.

Top Hollywood stars, producers, and guilds are slamming the major Netflix merger with Warner Bros. Among the leading critics of the deal: Actress Jane Fonda. She said that the deal "threatens the entire entertainment industry.