Warner Bros, Netflix
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Hollywood studio Paramount isn't going to let Netflix's Warner Bros. acquisition go ahead without a bidding war. The
Netflix had emerged victorious on Friday from a weekslong bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets.
President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him "fantastic" and more but also noted that a combined Netflix-Warner Bros. Discovery would "have a great big market share." That's "for some economists" to look at "and I'll be involved in that decision,
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Netflix to acquire Warner Bros. in historic $82.7 billion deal: A complete analysis of the century’s biggest media merger
Netflix to acquire Warner Bros for $82.7B. Analysis of the deal structure, shareholder impact, and future regulatory hurdles