Netflix and Warner Bros. deal is far from a sure thing
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Attorneys for the David Ellison-run studio say rival bidders "face grave uncertainty and significant opposition" from regulatory oversight in the U.S. and abroad.
Tech mogul Larry Ellison made a bold move to acquire Warner Bros. Discovery, but lost out to Netflix, setting the stage for a legal fight that could shape the future of Hollywood.
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Trump Says Netflix–Warner Bros. Deal Is 'A Lot Of Market Share' As Streaming Giant Secures USD 82.7 Billion Merger
US President Trump reacts to Netflix’s $82.7B Warner Bros. merger, calling it “a lot of market share,” as the streaming giant secures one of the biggest entertainment deals.
A breakdown of the regulatory challenges facing Netflix, Paramount and Comcast as they pursue Warner Bros. Discovery.
Paramount is pushing the regulatory angle hard in the race for Warner Bros. Discovery, insisting it’s the only bidder that “offers a clear path to closing."