Despite yesterday's report suggesting that Netflix may be set to make a massive offer, co-CEO Ted Sarandos says the streaming giant has "little interest" in bidding for Warner Bros.

Benchmark analyst Matthew Harrigan even boosted his stock price target by $7 to $25 following Tuesday's news that the conglomerate's board will review various deal and other options.

Earlier, Warner Bros. turned down Paramout Skydance's bid as the offer of around $20 per share was considered too low

Warner Bros. Discovery is reportedly set to ask potential bidders to sign nondisclosure agreements in the near future.

Alan Gould, managing director at Loop Capital Markets, joins CNBC’s ‘Squawk on the Street’ to discuss Netflix after its third-quarter earnings miss, whether the company might be interested in buying Warner Bros.

Warner Bros. Discovery WBD stock jumped 10% after announcing it's reviewing strategic options including a sale following multiple acquisition inquiries.

David Ellison's Paramount Skydance wants to acquire Warner Bros. Discovery, which says it's evaluating multiple options. Here's what a combined Paramount-WBD would look like.

A letter from Paramount’s chief executive, David Ellison, to Warner Bros.’ board of directors reveals weeks of talks between the companies.

CEOs Ted Sarandos and Greg Peters talk media M&A as Warner Bros. Discovery put itself on in play. They look at everything, but don't need it.