Deals & M&A
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Paramount Sweetens Warner Bros. Discovery Bid, Offers to Pay $2.8 Billion Netflix Termination Fee
The company is adding a 25 cent per share ticking fee, which will give shareholders $650 million in cash for every quarter a deal isn’t closed after Dec. 31
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DOJ Investigation of Netflix’s $83 Billion WB Deal Is ‘Totally Ordinary,’ Streamer’s Global Affairs Chief Says
Clete Willems adds that Netflix is engaging with European regulators and state attorneys general
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Trump Gives Thumbs-Up to Nexstar Deal for Tegna, Would Give Broadcaster Cap-Busting 80% of TV Households
“GET THAT DEAL DONE!” the president writes on Truth Social
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Legislators Demand Warner Bros. Deal Provides ‘Concrete’ Commitments to Job Security, LA Production
“Commitments should be accompanied by measurable actions so that California and Hollywood continue to serve as the global center of storytelling,” Adam Schiff and Laura Friedman say
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Warner Bros. CEO Takes Netflix Deal Pitch Directly to European, UK Regulators
In addition to the pending $83 billion deal, topics of discussion included the Discovery Global spinoff, HBO Max’s international expansion and the evolving media ecosystem
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Sony Operating Profit Rises 22% Despite Softer Film Business
Profits were once again driven by its Sony Playstation and camera imaging units
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Trump Dials Back on Warner Bros.-Netflix Deal Influence: ‘I Shouldn’t Be Involved’
The president’s NBC News comments Wednesday contrast with what he said before the new year
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Netflix-Warner Deal: Producers Guild Urges Senate Committee to ‘Guarantee Meaningful Theatrical Distribution’ in Testimony
“Whoever the buyer is, we need their guarantee to expand not contract our content creation industry,” the union says
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Sen. Hawley Accuses Netflix of Peddling ‘Sexualized’ Children’s Content, Does Not Provide Evidence
The Missouri Republican claimed the streamer promotes a “transgender ideology” without mentioning any specific titles
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Senate Grills Netflix and Warner Bros. Over $83 Billion Deal: Here’s What They Said
During the antitrust hearing, the streamer tried to reframe the competition conversation around pressure from the likes of YouTube
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Fubo Doesn’t Foresee Short-Term Impact Under Disney CEO Josh D’Amaro: ‘To Be Determined’
“Disney is a very large company. It takes a lot of time for them to decide on what their priorities are going to be,” Fubo CEO David Gandler says
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Who Is Mediawan and Why Are They Acquiring Peter Chernin’s The North Road Company?
The deal, which values the “Ford v. Ferrari” studio at up to $1 billion, is the latest domino in the consolidation of the entertainment industry
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ESPN Closes NFL Network Acquisition
In exchange, the league is being given a 10% stake in the sports network valued at $3 billion
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What Audience Behavior Tells Us About the Future of a Netflix-HBO Max Combo | Chart
Netflix and HBO Max have the lowest audience overlap among major platforms in the U.S. — that’s an expansion opportunity but an engagement challenge
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Mediawan to Acquire Peter Chernin’s North Road Company
The deal, which values the studio between $800 million and $1 billion, is expected to close in the first half of 2026, subject to regulatory approval
