Netflix to purchase Warner Bros.
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MAGA influencer Benny Johnson baselessly claimed that former President Barack Obama and former first lady Michelle Obama are “trying to take over all of media” amid Netflix’s plan to acquire Warner Bros. Discovery.
Sen. Chris Murphy warned Saturday that a bid by Netflix to purchase Warner Bros. Discovery — a deal that would place HBO under Netflix’s control — would be "a disaster" for consumers, workers and the media landscape,
Netflix's stunning $83 billion takeover of Warner Bros., announced yesterday, sent French exhibitors into high alert in a market where Warner Bros. - alongside Disney and Universal - drive the local box office.
The studio’s latest M&A deal is different than the ill-fated AOL-Time Warner merger, but it’s not without precedent.