Feb 11 (Reuters) - Activist investor Ancora Capital has built a stake ⁠in ⁠Warner Bros Discovery and plans to ⁠oppose the media company's deal with Netflix for its studios and streaming assets, the ​latest twist in the heated Hollywood takeover battle.

Stakeholder Ancora Capital argues the rival Paramount bid has more cash, Ellison family backing and "a viable path to regulatory approval."

Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support. On Tuesday, the Skydance-owned company said it would pay Warner shareholders an added “ticking fee” if its deal doesn't go through by the end of the

While Republican Sen. Josh Hawley got a lot of attention for accusing Netflix co-CEO Ted Sarandos of advancing a "transgender agenda" through the streamer's programming during a Senate hearing last week,

EXCLUSIVE: Warner Bros. Pictures is reuniting frequent collaborators Mike Flanagan and Stephen King on a new adaptation of The Mist, based on the acclaimed 1980 novella. Flanagan will direct and write the screenplay.

Feb 10 (Reuters) - Activist investor Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery and plans to oppose Warner's deal to sell its prized TV and film assets to Netflix,

Why Warner Bros. Discovery Moved Onto Investors’ Radars Warner Bros. Discovery (WBD) is drawing fresh attention after a mixed set of recent returns, with the stock showing a gain over the past 3 months but a decline over the past month and year to date.