DOJ Antitrust Chief Faces Political Pressure over WBD Bidding War

DOJ antitrust chief faces political pressure over WBD bidding war

The bidding war for Warner Bros. Discovery may hinge on a lawyer with an unusual depth of experience in media and tech: Justice Department antitrust chief Gail Slater. Members of both parties are urging close scrutiny of Netflix’s deal and a competing hostile bid from Paramount, and Hollywood stars and unions worry a merger will mean less competition. President Donald Trump’s intense interest in the fate of CNN threatens to undercut Slater’s rev…

Will Trump Put His Thumb on the Antitrust Scale?

His ties to hostile bidders for Warner Bros. Discovery raise questions about the politicization of antitrust. - Alex Demas - Start a free trial today for full access.

Bidding War for Warner - Los Angeles Business Journal

In a deal with more twists than a Hitchcock movie, Warner Bros. Discovery Inc. has found itself the belle of the ball in Hollywood, where two suitors – both alike in their determination – seek its business in a fervent bidding war.  The Los Gatos-based streaming giant Netflix Inc. had seemingly tied the knot on Dec. 5, shocking the entertainment industry by announcing that it would acquire Warner Bros. Discovery’s streaming and studios division,…