Paramount vs Netflix for Warner Bros.
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A future Congress controlled by Democrats would “review many of the decisions of the current Administration,” two House Democrats said Wednesday.
Paramount's bid to acquire Warner Bros. over Netflix has turned hostile as the company aims to acquire a higher stake in television.
Bernie Sanders slams Trump for 'authoritarianism' over Warner Bros. takeover involving son-in-law Jared Kushner in media consolidation battle.
David Ellison fought hard to win Warner Bros. Discovery. But despite his strenuous efforts, he lost out to Netflix — and now Ellison is switching from carrots to sticks: Paramount Skydance is taking its case directly to shareholders in a hostile takeover bid for WBD.
Netflix’s proposed $82-billion purchase of Warner Bros. is triggering warnings from unions and theater groups, who fear the deal could accelerate consolidation, reduce jobs, and sharply impact the theatrical box office.