US EditionNetflix, Warner Bros. deal ‘looks like an anti-monopoly’ nightmare: Warren
Netflix aims to expand its content library with Warner Bros.' valuable IP, but critics warn the $72 billion deal may reduce theatrical releases and raise antitrust issues.
- Josh Brown, a long-term Netflix bull, cut his position in Netflix by 85% following its $72 billion deal to buy pieces of Warner Bros. Discovery due to regulatory and antitrust scrutiny headwinds.
- Senator Elizabeth Warren called Netflix's acquisition an antitrust 'nightmare' that would harm workers and consumers, and criticized the deal for creating a media giant with control of close to half of the streaming market.
- Netflix CEO Ted Sarandos defended the deal, stating it is 'pro-consumer, pro-innovation, pro-worker, pro-creator, pro-growth,' and expressed confidence in the regulatory process.
20 Articles
20 Articles
Will users have to pay more now that Netflix is acquiring large portions of entertainment giant Warner Bros. Discovery? And what if you already have a subscription to both services? Steven De Hertogh, a media and entertainment business researcher at Thomas More University of Applied Sciences, and Tom Evens, a media professor at Ghent University, shed some light on the mega-deal.
What does the Netflix and Warner Bros. deal mean for you? Here's what experts predict about price hikes and more
Netflix has just announced the biggest entertainment shake-up for years with its $72 billion deal to buy Warner Bros. Discovery. But what does this mean for you?
What impact will the Netflix Warner Bros deal have?
The world’s biggest streaming service Netflix has agreed to buy the Warner Brothers Discovery film and TV studio business – in a £54 billion deal. The takeover needs to get the approval of regulators – and the Netflix boss said he was confident the move would “help define the next century of story-telling”. Critics have described it as an “anti-monopoly nightmare”.
Netflix, Warner Bros. deal ‘looks like an anti-monopoly’ nightmare: Warren
Sen. Elizabeth Warren (D-Mass.) is expressing concern about Netflix’s planned acquisition of moviemaker Warner Bros., saying the deal could raise major questions about antitrust and competitive imbalance. “This deal looks like an anti-monopoly nightmare,” Warren said Friday in a statement. “A Netflix-Warner Bros. would create one massive media giant with control of close to half…
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