Netflix, Paramount and WBD
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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,
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.
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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.
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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,
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.
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David Ellison makes his case to the White House as Netflix bid for WBD edges out Paramount Skydance
Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner – even as the streaming giant submitted a higher offer in the latest round of bidding, The Post has learned.
The Government Accountability Office, which provides auditing and investigative services for Congress, is investigating Federal Housing Finance Authority Director Bill Pulte at the request of Senate Democrats.