Netflix, Warner Bros.
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A video shared online soon after Netflix announced it was acquiring Warner Bros. was edited so the Netflix logo would be on the iconic water tower.
Ted Sarandos responds to concerns about theatrical releases after Netflix's Warner Bros. purchase
Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.
As Netflix and Paramount battle to buy Warner Bros. Discovery, Councilmember Konstantine Anthony requested that the City of Burbank enter into litigation to prevent the sale of the studios. The former mayor of Burbank issued a statement Thursday urging the city to intervene with the intent of “preserving jobs in the city.
Netflix once considered buying Disney, among several other media companies
CBS cited cost concerns in July when it announced the show would end.
Disney CEO Bob Iger strategically stepped in with some opinions of his own about Netflix and Paramount's battle to acquire Warner Bros.