Netflix, Paramount and Warner Bros.
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In the corporate battle over parent company Warner Bros. Discovery, CNN's fate remains up for grabs. President Trump wants a say in what happens next.
Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s studios and HBO Max will face scrutiny from U.
Netflix's Acquisition of Warner Bros. Represents a Paradigm Shift in the Streaming Industry. Here Are 6 Things Investors Should Know About the Deal. Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.
A video shared online soon after Netflix announced it was acquiring Warner Bros. was edited so the Netflix logo would be on the iconic water tower.
The decision to inject himself is particularly extraordinary given the president’s own conflicts and interests, according to legal experts.
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As Netflix and Paramount battle to buy Warner Bros. Discovery, Councilmember Konstantine Anthony requested that the City of Burbank enter into litigation to prevent the sale of the studios. The former mayor of Burbank issued a statement Thursday urging the city to intervene with the intent of “preserving jobs in the city.
The eye-popping numbers led Late Show host Stephen Colbert to muse about the Paramount bid during his monologue Tuesday night. (Paramount owns CBS, which airs The Late Show. )