US EditionNetflix CEOs Call Warner Bros Deal “A Win For The Entertainment Industry,” But Wall Street Isn’t Convinced
Netflix executives call the $82.6 billion Warner Bros deal a win despite Wall Street doubts over regulatory approval and potential Paramount hostile bid.
8 Articles
8 Articles
Netflix Co-CEOs Insist Warner Bros. Deal Is 'Not the End' of the Entertainment Industry
Netflix co-CEOs Ted Sarandos and Greg Peters answered some frequently asked questions from staffers regarding Warner Bros. Discovery, insisting the $82.7 billion deal is “not the end” of the entertainment industry. “This is something that we’ve heard for a long time — including when we started the streaming business. Our stance then and now is the same — we see this as a win for the entertainment industry, not the end of it,” they wrote in a sta…
The race to take Warner Bros has unleashed an unprecedented pulse among giants that promises to redefine Hollywood’s future. Netflix’s deal to acquire the company for $82.7 billion, including debt, came to a halt after Paramount Skydance doubled his pulse days later with a hostile opa valued at about $108 billion. The goal is no other than to take control of the market’s most strategic asset to strengthen its domains in film, streaming and telev…
The announcement of the acquisition of Warner Bros. by Netflix for the colossal sum of $82.6 billion marks a symbolic turning point in the entertainment industry. Whether the operation is successful or not, it reveals a troubled period for Hollywood, now dominated by technological giants rather than historical studios. Beyond the dizzying figures, this transaction ... Read more Netflix buys Warner Bros. for 82.6 billion: analysis of a controvers…
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