Netflix to purchase Warner Bros.
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The streaming giant appears to have emerged victorious over Paramount and Comcast, though there is a lot that needs to happen for the deal to close.
The streamer has an erratic week with the bust of 'Wake Up Dead Man: A Knives Out Mystery' and the pre-sales success of the 'Stranger Things' series finale stunt.
4hon MSN
Film producers lobby Congress against Netflix-Warner Bros Discovery acquisition, Variety reports
A consortium of leading film industry figures has urged the U.S. Congress to intervene, warning of a looming economic and institutional crisis in Hollywood if Netflix succeeds in acquiring Warner Bros Discovery ,
HBO Max might soon be under new management. It's possible that neither party ever expected to shake on anything.
Word of revised bids by the three companies looking to acquire all or part of Warner Bros. Discovery surfaced Monday, the day designated by the media giant as the deadline for the next round of offers.