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Former BET Chair & CEO Debra Lee discusses the changing media landscape, why good content will always find its audience, and her new luxury handbag line. She talks with Romaine Bostick for "The Close."

Drew and Jonathan Scott, the twin brothers and stars of HGTV's "Property Brothers," comment on Paramount Skydance reaching a deal in to acquire Warner Bros. Discover.

Okapi Partners CEO Bruce Goldfarb reacts to Netflix dropping out of the fight to buy Warner Bros. Discovery and Elliott Investment Management building a stake of more than 10% in Norwegian Cruise Line Holdings. Speaking on "Bloomberg Open Interest," Goldfarb also discusses the outlook for proxy season and the current regulatory environment.

Netflix has decided not to increase its bid for Warner Brothers Discovery, citing that the deal is no longer financially attractive despite previously considering it value-creating. This announcement follows Paramount's offer being declared the superior deal by Warner Bros. Seven Letter Partner Annalyse Keller, Democratic Strategist Arshi Siddiqui and Bloomberg's Kailey Leinz discuss on "Balance of Power: Evening Edition."

Warner Brothers Discovery's board has officially recognized Paramount's acquisition proposal as a superior offer compared to Netflix's earlier deal. Lucas Shaw reports on "Bloomberg The Close."

Paramount Skydance reported fourth-quarter sales and earnings that beat Wall Street projections as Warner Bros. Discovery reported lower fourth-quarter earnings. Caroline Hyde reports on "Bloomberg Open Interest."

Netflix co-CEO Ted Sarandos tells Bloomberg he is "highly confident" the deal for Warner Bros. Discovery will close. Netflix granted a seven-day waiver to Warner Bros. to reopen talks with Paramount Skydance that ends on February 23. Sarandos discusses why he believes Netflix's offer is better for shareholders, viewers and theaters with Bloomberg's Ed Ludlow and Lucas Shaw.

Netflix co-CEO Ted Sarandos says the company feels "really good" about their chances of acquiring Warner Bros. Discovery. He speaks with Ed Ludlow and Lucas Shaw on Bloomberg Television.