There was a huge uproar recently when Netflix and Warner Bros. decided to move ahead with Netflix’s bid to acquire the company. Other companies, such as Paramount, challenged the bid, noting they thought that Netflix’s offer wasn’t a good one.

Netflix, as part of its offer to acquire Warner Bros. Discovery’s studios and streaming biz, has pledged to continue releasing WB’s movies in theaters, Variety confirmed. Sources familiar with the situation said Netflix informed WBD execs that the ...

The competition between Netflix and Paramount Skydance to acquire the studio is haunted by the ghosts of mergers past.