Paramount, Warner Bros.
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The Trump administration shows "heavy skepticism" toward Netflix's $72 billion Warner Bros. Discovery deal amid questions on regulatory approval.
Netflix chief Ted Sarandos quietly met with President Donald Trump at the White House as the streaming giant maneuvered to acquire Warner Bros. Discovery in a blockbuster $82.7 billion deal, according to sources. During the mid-November meeting, which ...
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration,
Attorneys for the David Ellison-run studio say rival bidders "face grave uncertainty and significant opposition" from regulatory oversight in the U.S. and abroad.
Just days before Netflix emerged as the highest bidder, Paramount tore into the "myopic process" that had become "tainted."
If approved, the deal would mark a seismic shift in entertainment, giving Netflix control of popular IP from the DC Universe, Harry Potter, and more. Netflix has announced that it intends to buy legendary Hollywood studio Warner Bros.
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.
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Netflix is borrowing $59 billion to acquire Warner Bros. that’s among the largest debt burdens ever
In a deal worthy of the high-flying wheelers and dealers on HBO shows like “Succession” and “Industry,” Netflix is moving to buy Warner Bros. Discovery’s studio and streaming assets—including HBO, HBO Max and the Warner Bros.