Warner Bros. reveals why Netflix won acquisition deal
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The largest streaming network says it will purchase Warner Bros.’ studios and streaming assets after winning a bidding war with Comcast and Paramount.
President Trump called Netflix co-CEO Ted Sarandos "fantastic" and said he would be involved in the streamer's bid to take over Warner Bros. Discovery in remarks to reporters Sunday on the red carpet for the Kennedy Center Honors.
Warner Bros, the parent company company of CNN and HBO, Discovery Channels has announced that it has reached an $82.7bn acquisition deal with Netflix
Jane Fonda is speaking out against Netflix’s earthshaking move to acquire Warner Bros. Discovery, calling the $82.7 billion deal a “catastrophic” development that threatens to “destroy our creative industry.
David Zaslav just pulled off one of the greatest media mergers of the century — but that doesn’t mean he’s done wheeling and dealing.