BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.

Stephen Colbert jokes that Paramount's $108 billion hostile takeover bid for Warner Bros. Discovery proves the network could save his show if they wanted to.

A future Congress controlled by Democrats would “review many of the decisions of the current Administration,” two House Democrats said Wednesday.

This week of Sports Business Minute with “The Sports Professor” Rick Horrow features Netflix, Inc. (Nasdaq: NFLX) plans to acquire Warner Bros. Discovery, Inc. (Nasdaq: WBD) at a deal valued at about $72 billion,

Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.

Saudi Arabia, Abu Dhabi and Qatar are providing $24bn of financial muscle for the Paramount chief’s $108bn hostile bid for Warner Bros Discovery, underlining the Gulf’s position as a financier of choice for mammoth US deals and putting a spotlight on the region’s eagerness to plough money into the entertainment industry.

Netflix's Acquisition of Warner Bros. Represents a Paradigm Shift in the Streaming Industry. Here Are 6 Things Investors Should Know About the Deal. Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.

Trump appears to have found another way to expand his presidential power at a time when the Supreme Court is cutting back on Congress’s ability to check his authority.