It has been a busy week for the streaming industry. On Friday, it seemed as if Netflix was on the cusp of becoming an unassailable streaming superpower with the news that it would buy Warner Bros. for $82.

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.

The high-stakes battle to buy all or part of Warner Bros. Discovery goes on. But who needs it more to thrive in the future: Netflix or Paramount Skydance. Some thoughts

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.

Neil Druckmann thanks HBO and "Netflix or whoever our streaming overlords are now" at the Game Awards

Paramount continues to take its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix. “Dear Warner Bros. Discovery Shareholder,” Paramount CEO David Ellison wrote in an open letter published today,

Paramount pitches Netflix as a European Union nonstarter, but regulators seem unfazed — and Trump may be the only audience that matters.

Even President Trump is concerned about this situation. But the answers aren’t obvious.