Paramount, Warner Bros.
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Netflix, Warner Bros.
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Warner Bros, Discovery
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H ollywood has produced another gripping drama. Netflix’s and Paramount’s $100bn battle to buy Warner Bros Discovery has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and even a cameo from the president’s son-in-law. As the studio weighs its options, expect weeks of entertainment.
As the battle between Netflix and Paramount over who will own Warner Bros heats up again, Disney CEO Bob Iger on Thursday strategically stepped in with some opinions of his own. With his eyes on the streaming wars endgame,
The president's comments are notable because the proposed deal with Netflix would not include cable channels owned by Warner Bros. Discovery.
Netflix announced an $82.7 billion acquisition of Warner Bros. Discovery, excluding cable networks, primarily financed with cash. Click to read why NFLX is a Buy.
Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."
A future Congress controlled by Democrats would “review many of the decisions of the current Administration,” two House Democrats said Wednesday.
CNN staffers tell Fox News Digital the mood in the newsroom is "grim" over the prospects of Paramount owner David Ellison buying its parent company Warner Bros. Discovery.