After already buying CBS News, Paramount could soon own CNN. The ramifications of one company owning two news networks have some concerned.

Analysts discuss open questions and dissect the streamer's decision not to escalate the bidding further ("Take the money and run!") after co-CEO Ted Sarandos traveled to the White House.

A Paramount deal could be worse than a Netflix deal would have been for Warner Bros. employees.

With Paramount in a position to take over Warner Bros. Discovery’s studio and streaming business, elected officials and Hollywood figures have strong opinions. Sen. Adam Schiff of California is calling for the potential deal to be subject to the “highest levels of scrutiny” while actor Mark Ruffalo fears it could hurt competition.

Sen. Chris Murphy (D-CT) weighed in on Paramount ‘s apparent victory in the battle for Warner Bros., adding to a chorus of Democrats who are vowing investigations and other actions if they return to power after this year’s midterms.

WBD CEO David Zaslav addressed employees at a town hall Friday after Paramount won the bidding war over Netflix. He called the process "whiplash-y."