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Edward Longe: Don’t hit pause — why the Netflix-Warner Bros. merger should proceed

  • DGA President Christopher Nolan confirmed the guild held discussions with Netflix and Paramount about Warner Bros. Discovery bids, calling the meetings `productive` and `we're sort of in the thick of it`.
  • Nolan warned consolidation and theatrical-window shifts threaten DGA members' earnings, pressing for longer theatrical windows to protect residuals that fund health benefits.
  • Netflix switched its offer to an all-cash bid valuing Warner Bros. Discovery assets at $27.75 per share, while Paramount Skydance launched a hostile bid including cable networks.
  • The DGA hasn't chosen a side and remains in active talks with bidders, warning a merger could mean job losses and the loss of Warner Bros. Discovery as a major studio.
  • Antitrust analysts note streaming-market shares and broader competition from social platforms, with Netflix holding 21%, HBO Max 13%, and Disney+ 12%.
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BizToc broke the news in on Monday, February 2, 2026.
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