Business
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Netflix CEO Ted Sarandos Met With Donald Trump Ahead of Warner Bros. Takeover Bid
According to multiple reports, the pair began building a rapport in December 2024
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Netflix Assures Subscribers ‘Nothing Is Changing Today’ After Warner Bros. Discovery Deal: ‘We Have More Steps to Complete’
“Both streaming services will continue to operate separately,” the streamer adds
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Jeff Bewkes Walks Back Netflix-Albanian Army Dig After Streamer Wins WBD Bidding War: ‘An Unfortunate Flippant Remark’
“I didn’t want to admit how big a threat Netflix streaming really was,” the former Time Warner CEO says
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International Documentary Association Worries Netflix-WBD Deal Will ‘Profoundly Damage’ Documentarians’ Opportunities
“It will also drastically reduce the range and overall quality of documentaries available to audiences worldwide,” the organization writes
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Warner Bros. Sets Up $38.7 Million in Cash Bonuses to Retain Executives Through Netflix Merger, Discovery Split
Individual award amounts will not exceed 150% of each recipient’s base salary
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Republican Sen. Mike Lee Says an Antitrust Congressional Hearing Over Netflix-WBD Merger Is ‘Almost Certain’
“A lot of antitrust red flags here,” the politician says, joining a chorus of concerns from across-the-aisle colleagues like Elizabeth Warren
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Netflix Faces Tough Regulatory Mountain to Climb in Getting Warner Bros. Deal Done
The eye-popping $82.7 billion deal could face scrutiny from the Justice Department and Federal Trade Commission to state attorneys general and regulators overseas
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WBD’s David Zaslav Soothes Staff ‘Trepidation’ Over Merger Layoffs, Says Netflix Wants ‘To Keep Most People’
The Warner Bros. Discovery CEO tells staff at a town hall meeting Friday that the pending sale to the streamer feels like “a good fit”
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Hollywood Terrified as Netflix Buys Warner Bros: ‘The Day Theatrical Died’
Netflix is poised to reshape the entertainment industry again — and possibly wreck the theatrical business along the way
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Available to WrapPRO members
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WGA Calls for Netflix’s Warner Bros. Discovery Deal to Be Blocked: ‘What Antitrust Laws Were Designed to Prevent’
The Writers Guild of America East and West jointly denounced the $82.7 billion merger Friday
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Inside Versant’s Plan to ‘Build Beyond Cable’ After Comcast Split
The company made its pitch to Wall Street during an investor day held at the Nasdaq in New York City on Thursday
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Available to WrapPRO members
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PGA Says Producers Are ‘Rightfully Concerned’ About Netflix-Warner Bros. Deal
“Our industry, together with policymakers, must find a way forward that protects producers’ livelihoods,” the guild says
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Elizabeth Warren Slams Netflix-Warner Bros. Deal as ‘Anti-Monopoly Nightmare’
“A Netflix-Warner Bros. would create one massive media giant with control of close to half of the streaming market,” the senator says
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Warner Bros. Discovery Stock Jumps 3%, Hits New 52-Week High on $82.7 Billion Netflix Deal
Netflix shares were trading flat as of Friday morning
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Fubo Lowers Prices of Pro, Elite Channel Plans Amid NBCUniversal Programming Blackout
Current subscribers will still receive the previously announced $15 credit for the December billing cycle following the two-week carriage dispute
