Netflix, Paramount Battle for Warner Brothers
Update: 2025-12-09
Description
Netflixs $72B Warner Brothers Acquisition Faces Stiff Competition: Paramounts $78B Bid and Regulatory HurdlesNetflixs $72B acquisition of Warner Brothers film and television studios, including HBO and HBO Max, faces competition from Paramounts $78B hostile takeover bid. Paramounts CEO, David Ellison, criticized Netflixs proposal, citing potential regulatory challenges and concerns about its mix of cash and stock. The deal could face strong opposition from the Justice Department due to antitrust concerns, as Netflixs market share with HBO Max could exceed 30%, potentially violating antitrust law. The resolution of this matter is expected to take months, if not years.
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