Netflix, Warner Bros.
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SAG-AFTRA, WGA and the Directors Guild have chimed in on Netflix’s proposed $82.7 billion takeover of Warner Bros., and none is anticipating a happy ending.
Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group
Plus, the president allows China to get Nvidia chips and unveils a $12 billion bailout for farmers, in this edition of the WSJ Politics newsletter.
Netflix's leadership spins the acquisition as pro-consumer and pro-Hollywood and pushes back on antitrust concerns. 'We didn’t buy this company to destroy' its value, says co-CEO Ted Sarandos.
Top Hollywood stars, producers, and guilds are slamming the major Netflix merger with Warner Bros. Among the leading critics of the deal: Actress Jane Fonda. She said that the deal "threatens the entire entertainment industry.
The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously,