In a memo to employees divulged this morning in an SEC filing, Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. “a win for the entertainment business.” Wall Street,

Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.

A video spreading across platforms purports to show the Netflix logo painted over the historic water tower at Warner Bros. Studios as the streaming powerhouse seeks to buy the global media giant's film and television studios and streaming services amid a bidding war with Paramount.

After winning the award for best game adaptation for HBO series The Last of Us, Druckmann took to the stage to make his speech. In the clip, now posted on Twitter, the Naughty Dog Studio Head thanked the relevant studios before adding, "Do we need to thank Netflix or Paramount, or whoever our streaming overlord is now?"

Paramount’s bid to buy Warner Bros. has one of its stars curious about the economics of the possible deal.

The bidding war to buy Warner Bros. Discovery is creating wild stock-price swings. There is more than one way to take advantage.Warner stock has been moving since news surfaced at the end of October that Netflix was interested in buying Warner Bros.

David Ellison fought hard to win Warner Bros. Discovery. But despite his strenuous efforts, he lost out to Netflix — and now Ellison is switching from carrots to sticks: Paramount Skydance is taking its case directly to shareholders in a hostile takeover bid for WBD.