Nicole Sperling, a Times reporter who covers Hollywood and the streaming revolution, breaks down the competing bids from Netflix and Paramount to buy Warner Bros. Discovery.

Netflix, the world’s biggest streaming company, had announced on December 5th that it was to acquire most of Warner Bros Discovery, one of the biggest names in old-fashioned moviemaking, in a deal val...

The latest: Paramount offered to buy all of Warner Bros. Discovery’s assets in cash, including its cable TV channels, for $108.4 billion, compared with Netflix’s $82.7 billion offer, which doesn’t inc...