Netflix-WBD deal faces anti-trust, political pushback

Netflix-WBD deal faces anti-trust, political pushback

Some members of Congress on Friday deemed Netflix's $72 billion proposed acquisition of Warner Bros Discovery's studios and streaming unit an antitrust "nightmare" for consumers and creatives, while the company touted the deal as driving value for viewers, workers and shareholders. Netflix 


DEC

WBD calls for higher bids by Dec 1

Warner Bros Discovery has asked potential buyers to submit improved offers by December 1, two sources familiar with the matter said yesterday. The parent of HBO and CNN last month said it was exploring its options for sale. Since then, it has received preli...