Paramount insists WBD-Netflix deal would be DOA
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Paramount is calling foul in the Warner Bros. Discovery sale process, accusing the company of running an unfair process — one that it thinks favors Netflix. It has become increasingly clear, through media reporting and otherwise,
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Dave Meltzer Provides Update On Potential WBD Acquisition
I believe Netflix has no interest in the cable side," Meltzer said, speculating that Netlfix would simply buy the WBD library of movies and shows, and the HBO Max streaming service, and sell TBS, TNT,
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Paramount questions ‘fairness and adequacy’ of WBD auction process after reports Netflix may win
Netflix has made a mostly cash offer to purchase the Warner Bros. studio and HBO Max, while Paramount has submitted an all-cash bid for the entire company, The Post previously reported.
Market Catalysts host Julie Hyman tracks several of the day's top trending stock tickers, including Netflix (NFLX), Comcast (CMCSA), and Paramount Skydance's (PSKY) latest respective bids on Warner Bros.
At the Full Gear press conference, Tony Khan was asked Arya Witner of F4W if he was worried about the future of AEW should WBD be sold to a company that already has TKO content.
Warner Bros Discovery (WBD) lawyers have responded to a letter from Paramount that was leaked to the press in which David Ellison’s company expressed concern to the WBD board over what it called a “myopic” bidding process with “a predetermined outcome that favors a single bidder”.
While Netflix (NFLX) is reportedly the leading bidder in its offer to acquire Warner Bros. Discovery's (WBD) studio segment, according to CNBC, Paramount Skydance (PSKY) called the bidding process "tainted" in a new letter to WBD CEO David Zaslav.
A consortium of top industry players have sent an open letter full of alarm to Congress, describing a potential economic and institutional meltdown in Hollywood if Netflix succeeds in its effort to acquire Warner Bros.