Warner Bros reveals why Netflix won acquisition deal
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As the streaming giant aims to acquire the legacy studio, multiple insiders say that a recent conversation between its CEO and the President may have helped pave the way.
Top Hollywood stars, producers, and guilds are slamming the major Netflix merger with Warner Bros. Among the leading critics of the deal: Actress Jane Fonda. She said that the deal "threatens the entire entertainment industry.
The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously,