(Feb 18): The US Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on Wednesday. Warner Bros Discovery and the Department of Justice did not immediately respond to requests for comment. Paramount acknowledged the seven-day offer but called Warner Bros' board actions "unusual." The CBS-parent had said it would continue to advance the tender offer, oppose the "inferior" Netflix merger and still plans to nominate directors for the upcoming Warner Bros annual meeting. Warner Bros is moving forward with a vote on Netflix's offer for streaming and studio businesses on March 20.

Source: The Edge Markets February 19, 2026 01:22 UTC