Hollywood is on the brink of major change. Streaming giant Netflix is planning to acquire Warner Bros and if the deal goes through, its impact will extend far beyond the film industry. Netflix And Warner Bros: A Deal With Far Reaching Consequences Netflix wants to acquire Hollywood heavyweight Warner Bros for just under 83 billion dollars.

Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a potential sale of Warner Bros. Discovery or its assets to Netflix or Paramount.

Interviews with dozens of actors, producers and camera crews reveal an industry attempting to weigh the lesser of two horrible choices.

If the deal goes through, an algorithm-powered streaming titan would gobble up a 102-year-old movie studio synonymous with the romance of old Hollywood.

Paramount Skydance launched a hostile bid worth $108.4 billion for Warner Bros Discovery , challenging a rival offer from Netflix and injecting uncertainty into the future of Hollywood's storied media company.

Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group