Warner Bros, Paramount
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The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.
Netflix has a deal in place to buy Warner Bros. Discovery’s studio and streaming assets, including HBO/HBO Max, but regulatory hurdles loom. Param
Disney CEO Bob Iger raises red flags about Netflix-Warner Bros. Discovery deal’s impact on consumers
Iger weighed in as Netflix and Paramount Skydance square off in a high-stakes battle for control of Warner Bros. Discovery.
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
As Netflix and Paramount fight for Warner Bros. Discovery, the fate of the giant media company could rest on the value of its cable networks.