Netflix to purchase Warner Bros.
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Paramount is plenty peeved about the way Warner Bros Discovery is conducting a possible sale and it wants everyone to know it won’t go quietly if either Netflix or Comcast are the winning bidder. The David Ellison company is pushing the regulatory angle hard,
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Paramount questions ‘fairness and adequacy’ of WBD auction process after reports Netflix may win
Paramount sent a letter to Warner Bros. Discovery CEO David Zaslav questioning the “fairness and adequacy” of the media giant’s sales process – nodding to reports the media giant is leaning toward a bid from Netflix.
Despite efforts by Comcast and Paramount Skydance, Netflix has entered into exclusive talks with Warner Bros. Discovery over a potential deal.
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,