Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Many were just getting used to the reality of a Netflix and Warner Bros. Discovery merger, but earlier today, that reality completely fell apart, replaced by a new partnership between Warner Bros.

Late last week, Netflix walked away from plans to acquire Warner Bros., clearing the way for Paramount Skydance to scoop up the whole company with its hostile takeover bid. I know it’s not anyone’s ...

NEW YORK (AP) — Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the ...