US EditionNetflix Breaks Silence on Fate of 'Harry Potter' Reboot After Buying Warner Bros.
Netflix leaders toured the Warner Bros. lot to support their $82.7 billion bid after Warner Bros. Discovery's board rejected Paramount's $108 billion hostile offer.
- On Wednesday, Warner Bros. Discovery released photos showing David Zaslav walking the Warner Bros. Studio lot in Burbank with Netflix Co-CEOs Ted Sarandos and Greg Peters.
- Warner Bros. Discovery board accepted Netflix's $82.7 billion offer on Dec. 5, saying the merger agreement is binding and offers superior value for shareholders.
- Photographs captured the executives at studio landmarks as Ted Sarandos and Greg Peters met around 400 members of WBD leadership in the Warner Bros. lot's Ross Theatre, hosted by David Zaslav.
- Aiming to soothe industry worries, Netflix's chiefs framed their Warner Bros. visit as a charm offensive, with Sarandos pledging to maintain Netflix theatrical strategy and traditional windows, as he reiterated during Tuesday Paris Canal+ appearance.
- With a Jan. 8 deadline, Paramount must persuade shareholders to tender or submit a higher bid than its $108 billion offer, as U.S. Department of Justice antitrust review likely follows WBD's planned late 2026 split.
15 Articles
15 Articles
Netflix Breaks Silence on Fate of 'Harry Potter' Reboot After Buying Warner Bros.
Netflix hasn’t officially purchased Warner Bros. yet, but we now have an update on what will happen to the Harry Potter reboot when it does. After officially rejecting an “inferior” hostile rival bid from Paramount this week, it seems like Warner Bros. Discovery will officially become part of the Netflix family at some point in the next few years. The streaming giant has placed a $27.75 per share cash-and-stock offer for Warner Bros’ unit, with …
The bidder battle for the media group Warner Bros. Discovery is in full swing. Netflix wants to become a giant, and Paramount is said to have political goals. It's about the future of Hollywood and actually more.
David Zaslav Called Multi-Million Dollar Paramount Compensation Proposal for Him “Inappropriate” as Takeover Battle Escalates
Warner Bros. Discovery CEO David Zaslav pushed back against a proposed compensation package tied to the initial Paramount bid for the company, calling the discussions “inappropriate,” according to a newly disclosed SEC filing. The revelation adds another layer of controversy to the increasingly hostile battle for one of Hollywood’s most powerful media empires. The post David Zaslav Called Multi-Million Dollar Paramount Compensation Proposal for …
Greg & Ted’s Excellent WBD Adventure With Studio Lot Tour, David Zaslav As Their Guide; Check Out The Photos
Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide. In a series of photos released late Wednesday by WBD, the Netflix co-CEOs practically announced “we are […]
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