Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?

Netflix acquiring Warner Bros. is a deal that would put a lot of power in the hands of one company. Critics fear the combo would be bad news for moviegoers and for people who work in theaters.

There was a huge uproar recently when Netflix and Warner Bros. decided to move ahead with Netflix’s bid to acquire the company. Other companies, such as Paramount, challenged the bid, noting they thought that Netflix’s offer wasn’t a good one.

Netflix insists it will continue to release Warner Bros. movies in theaters after acquiring the studio, but a closer look reveals more cause for concern.

“Netflix does not have the same incentive to release films in theaters and will be incentivized to use WBD’s world-class IP library to entrench Netflix’s streaming dominance while also harming theatrical distribution, talent and moviegoers,” it reads. There’s a lot of that.

Netflix announced plans Friday to acquire the streaming and studios side of Warner Bros. Discovery, including HBO, HBO Max and DC Studios.

Assuming Netflix finalizes its acquisition of Warner Bros., the company may already have a firm plan in place for releasing WB's movies in theaters.

From the "Harry Potter" franchise to "Friends" and "The Wire," here are 30 beloved Warner Bros. titles that Netflix would own as part of its deal for WB.

Disney CEO Bob Iger may not be directly in the Paramount versus Netflix cage match for Discovery, but he sure isn’t sitting quietly in the cheap seats either. As the streaming arms race escalates again,