US EditionThe DOJ Expands Its Investigation of The Warner Bros. Discovery Sale to Netflix
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12 Articles
The DOJ Expands Its Investigation of The Warner Bros. Discovery Sale to Netflix
The U.S. Justice Department has initiated a formal probe into the recent sale of Warner Bros. to a consortium led by tech giant Apex Media Holdings. The investigation focuses on how this multibillion-dollar deal could reshape the landscape for independent movie theaters across the country, potentially limiting competition and access to major film releases, according […] The post The DOJ Expands Its Investigation of The Warner Bros. Discovery Sal…
Inside Warner Bros. Discovery, Mood Among Many Staffers Shifts in Favor of Netflix Sale vs. Paramount Takeover
Most Warner Bros. Discovery staffers are now supportive of Netflix's deal to acquire Warner Bros.'s studios and HBO Max rather than having WBD subsumed in its entirety by David Ellison's Paramount Skydance.
Ted Sarandos, co-executive director of Netflix, said his company's acquisition of Warner Bros will lead to more films in cinemas, addressing a key Hollywood complaint in the high-risk battle by one of the industry's iconic studios. A merger of Netflix and Warner Bros is “better for cinemas” because his company will be able to take their films and put them in the cinemas using the distribution network Warner Bros has built, Sarandos said Thursday…
Netflix 'Deep in' Regulatory Process to Buy WBD: Co-CEO
Netflix doesn't need Warner Bros. Discovery, but buying it "accelerates an already successful business model to have more," Netflix co-CEO Ted Sarandos said Wednesday on The Hill podcast. "Remember, our whole business model's always been about more, not less." ...
The Warner Bros. Discovery granted a week's notice for Paramount Skydance to present its best and final purchase offer. The period was made available by a temporary exemption granted by Netflix, which maintains an existing contract with the company. According to publicized, Warner Bros. Discovery stated that the conversations seek to give greater clarity... The post Warner pressure Paramount in battle with Netflix appeared first on The Antagonis…
Warner Bros. would hold an extraordinary shareholders' meeting on March 20 to decide on the merger project with Netflix.
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