Netflix is leading bidder for Warner Bros. Discovery
Digest more
The union says it has "significant concerns" over the potential deal that could see the streamer acquire a century-old Hollywood studio
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing "grave concerns" about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.
Theater owners voiced their displeasured over Netflix’s successful bid for Warner Bros. Discovery, slamming the business news as an “unprecedented threat” to the movie business.
HBO Max might soon be under new management. It's possible that neither party ever expected to shake on anything.
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.