Warner Bros Discovery rejects Paramount's low takeover bid, sparking potential bidding war for the entertainment giant.

Warner Bros., which is among the largest studios in Hollywood, hit the headlines after it officially turned down an acquisition offer by Paramount, a newly formed entertainment colossus, with Skydance.

A sprawling array of streaming, cable and film properties could position a combined company to better compete with media and tech giants.

Paramount, led by David Ellison, has several options, including boosting its bid, going directly to shareholders or finding additional backing through a financial partner

Paramount Animation and Nickelodeon Movies have released the first trailer for their next cinematic SpongeBob adventure: “The SpongeBob Movie: Search for SquarePants.” “Search for SquarePants” marks the eponymous invertebrate’s fourth feature ...