Netflix, Warner Bros. and Hollywood
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Netflix agreed to buy the Warner Bros. studio and HBO Max. The media mega-merger would give it franchises like "Harry Potter" and the DC universe.
Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group
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.
Warner Bros.’ latest M&A deal is different than the ill-fated AOL-Time Warner merger, but it’s not without precedent.
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,