Paramount has struck a $110 billion deal to acquire Warner Bros., outbidding Netflix and reshaping the Hollywood media landscape.

Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, in addition to other revisions. That’s a $1 per share increase from Paramount’s previous offer, ...

The newly merged company will be well positioned to compete in the rapidly evolving entertainment industry where storytelling combined with world class technology ...

Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that ...