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“I feel so sad,” says one studio executive. They’re not alone: All of Hollywood is currently bracing to hear which of three media corporations will change the landscape of movies and television ...

Warner Bros. Discovery has asked bidders to submit a sweetened second round of offers by Monday, Dec. 1, Deadline has confirmed. The media giant led by CEO David Zaslav has been sitting on the first ...

The first-round bids were nonbinding, with things likely to evolve over the coming weeks. It was not immediately clear if Saudi Arabia or other Middle Eastern funds were involved in any bid. By Alex ...

The outcome of the sale could alter the trajectory of the entertainment business. By Benjamin Mullin Lauren Hirsch and Nicole Sperling The heavyweights of Hollywood made their cases on Thursday to ...