Paramount abruptly shut down a TV network without alerting anyone, replacing it with a new broadcast channel.

Warner Bros. Discovery on Wednesday disclosed a fourth bidder submitted an offer for the company, adding to bids from Netflix, Paramount and Comcast, though little is known about the unnamed firm.

Hollywood's biggest competition this year isn't at the box office, it's in the Warner Bros. Discovery board room. State of play: A trio of Hollywood power players submitted bids to buy all or part of ...

"At minimum, it’s far from a slam dunk," said one analyst before David Ellison touted value, speed and safety of his bid. But another expert says “it's very hard to argue that Netflix’s offer is ...