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Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say
Netflix aims to lower streaming costs by bundling with HBO Max and expanding its content library, seeking to address regulatory concerns, sources said.
- On Dec 2, Netflix proposed acquiring Warner Bros Discovery's studios and streaming unit, pitching a bundled Netflix–HBO Max offer to lower streaming costs, sources said.
- By framing the offer as pro-consumer, Netflix aims to withstand regulatory challenge as Warner Bros Discovery explores a sale of all or part of its business.
- Other bidders include Paramount Skydance and Comcast, who would use HBO Max and Warner Bros to strengthen their services, while analysts say Netflix’s bid would expand its library but likely not its market share.
- Industry reactions include criticism from the Pentagon and Republican lawmakers who warn Netflix’s takeover could reduce consumer choice, while observers say HBO Max’s future threatens NBCUniversal's Peacock and Comcast’s competitiveness.
- Despite its subscriber lead, Netflix lags on deep IP libraries while Alphabet's YouTube remains largest by viewership; Reuters reported in October Netflix was exploring a Warner Bros bid.
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Washington. Netflix presented an offer to buy Warner Bros Discovery, a business that could transform the U.S. media landscape, according to a report.
·Mexico
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Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say
Netflix's proposed acquisition of Warner Bros Discovery's studios and streaming unit is expected to reduce streaming costs for consumers by bundling Netflix and HBO Max, according to two people familiar with the proposal.
·United Kingdom
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The cost of a subscription to the streaming services Netflix and HBO Max could soon fall significantly, contrary to the trend of the past months. What the current bidder struggle for Warner Bros. has to do with it.read more on t3n.de
Coverage Details
Total News Sources22
Leaning Left3Leaning Right3Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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