Trump says Netflix’s $82.7B Warner Bros. deal a problem
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David Zaslav Could Become a Billionaire if Warner Bros. Sells to Either Netflix or Paramount
Warner Bros. Discovery CEO David Zaslav stands to become a billionaire if WBD completes a sale to either Netflix or Paramount SKydance.
A video spreading across platforms purports to show the Netflix logo painted over the historic water tower at Warner Bros. Studios as the streaming powerhouse seeks to buy the global media giant's film and television studios and streaming services amid a bidding war with Paramount.
In the corporate battle over parent company Warner Bros. Discovery, CNN's fate remains up for grabs. President Trump wants a say in what happens next.
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The decision to inject himself is particularly extraordinary given the president’s own conflicts and interests, according to legal experts.
Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 billion, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.
“Just yesterday, my beloved parent company, Paramount, reportedly launched a hostile takeover bid for Warner Bros valued at $108 billion,” the late-night host said on Tuesday’s (December 9) Late Show. “Wow. I gotta say, if my company’s got that kind of green, I’m sure they can afford to un-cancel one of their best shows.”