Netflix CEOs defend Warner Bros. deal
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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 and Warner Bros. have a deal, but regulators must approve the move. The question of how to define Netflix's market is a major consideration.
The high-stakes battle to buy all or part of Warner Bros. Discovery goes on. But who needs it more to thrive in the future: Netflix or Paramount Skydance. Some thoughts
Paramount has launched a hostile bid for the company that's home to Casablanca, Batman and CNN. Just Friday, Netflix and Warner Brothers executives were celebrating a deal they had struck.
Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a potential sale of Warner Bros. Discovery or its assets to Netflix or Paramount.
A video spreading across platforms purports to show the Netflix logo painted over the historic water tower at Warner Bros. Studios as the streaming powerhouse seeks to buy the global media giant's film and television studios and streaming services amid a bidding war with Paramount.
After winning the award for best game adaptation for HBO series The Last of Us, Druckmann took to the stage to make his speech. In the clip, now posted on Twitter, the Naughty Dog Studio Head thanked the relevant studios before adding, "Do we need to thank Netflix or Paramount, or whoever our streaming overlord is now?"
The bidding war to buy Warner Bros. Discovery is creating wild stock-price swings. There is more than one way to take advantage.Warner stock has been moving since news surfaced at the end of October that Netflix was interested in buying Warner Bros.