Read the letter Netflix's co-CEOs sent to reassure staffers about its bid to buy Warner Bros.

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Ted Sarandos, Co-CEO, Netflix, Bela Bajaria, CCO, Netflix, Greg Peters, Co-CEO, Netflix and Cody Rhodes attend Netflix's Debut of WWE Monday Night Raw at Intuit Dome on January 06, 2025 in Inglewood, California.

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Netflix paid $55 million for a 'visionary' sci-fi epic that was never finished. We saw a glimpse of it at the director's criminal trial.

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Carl Rinsch
Carl Rinsch's sci-fi epic "White Horse" turned into a debacle for Netflix. Until his criminal trial, the public hadn't seen any footage from the project.

Carl Rinsch trial defense exhibits; Patrick T. Fallon / AFP via Getty; Lloyd Mitchell for BI; Rebecca Zisser/BI

When Netflix executives first saw a glimpse of "White Horse" in 2018, they were blown away.

Guilty on all counts: Jury convicts Netflix director Carl Rinsch in $11 million fraud case

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A side-by-side photo of Netflix and director Carl Rinsch
Netflix director Carl Rinsch, right, outside court

Lloyd Mitchell, Getty, BI composite

David Ellison told Warner Bros. shareholders it's 'not too late' to switch teams from Netflix to Paramount

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Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025.
David Ellison told WBD shareholders that it's "not too late" to switch teams from Netflix to Paramount.

PATRICK T. FALLON/AFP via Getty Images

Why the fate of HBO depends on how little CNN is worth

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Broken TV sets with logos of CNN, TBS, and TNT
Warner Bros. Discovery will spin out its television networks. But how much they're worth depends on the bidder.

Getty Images; Alyssa Powell/BI

The memes are flying about the Netflix and Paramount bidding battle for Warner Bros. Discovery

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scene from
Some social media users are drawing comparisons to HBO's "Succession."

David M. Russell/David M. Russell

Netflix director takes the stand, recounts 5-week scramble to save sci-fi project at heart of his $11 million fraud trial

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Carl RInsch outside of court
Netflix director Carl RInsch outside of court

Lloyd Mitchell

The First Trailer for ‘Avatar’ Season 2 Is All About Toph

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Netflix Avatar Season 2 Trailer Toph

The Directors of ‘Elio’ and ‘KPop Demon Hunters’ Talk About the Reality of Selling Diverse Movies

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Kpop Demon Hunters Netflix Hi

What Hollywood's real-life drama means for you

Tech Insider : Business, Technology
Paramount Pictures, Warner Bros and Netflix studios

Mario Tama; NurPhoto/ Getty Images

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