What to know about Netflix’s landmark acquisition of Warner Bros.
Learn more about Netflix’s acquisition of Warner Bros., considered the most historic megadeal in Hollywood, as it continues to develop.
Learn more about Netflix’s acquisition of Warner Bros., considered the most historic megadeal in Hollywood, as it continues to develop.
The studio’s board unanimously rejected Paramount Skydance’s revised $108.4 billion bid, calling the proposal a “leveraged buyout” that would saddle the company with $87 billion in debt.
Warner Bros. Discovery called Paramount’s offer “illusory” and said that the company had misled shareholders about its financing.
Industry concerns over Netflix acquiring Warner Bros has led executives to address fears regarding jobs and theatrical releases.
Netflix’s $82.6 billion acquisition of Warner Bros. encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants.
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President […]
It’s only been a day since Netflix announced an $82.7 billion deal to acquire Warner Bros., and the acquisition has already been described as sending Hollywood into “full-blown panic mode,” “possibly a death blow to theatrical filmmaking,” and maybe even “the end of Hollywood” itself.
In one of the most groundbreaking deals the streaming world has ever seen, Netflix acquires Warner Bros. for $82.7 billion.
Warner Bros. says that Midjourney knowingly engaged in wrongful conduct, noting that the company previously restricted subscribers from generating content based on infringing images but recently lifted those protections.