Warner Bros, Paramount
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Netflix's decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday.
Netflix CEOs call the Warner Bros. acquisition a win, but analysts warn of risks as investors question the $83B deal and Paramount looms.
We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
European antitrust regulators are notoriously stricter than U.S. agencies. What does that mean for the Netflix-Paramount-Warner Bros. dealmaking?
Netflix on Friday agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.
The cash-and-stock deal would give the world’s largest paid streaming service expansive power over theater owners and entertainment-industry unions.
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Will my Netflix subscription go up after Warner Bros Discovery deal? What to know in Tennessee
Netflix, with over 300 million annual subscribers, announced Dec. 5 that it has entered into a definitive agreement with Warner Bros. Discovery Inc. in which it will acquire Warner Bros., HBO Max, and HBO.
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.