Netflix and Warner Bros. deal is far from a sure thing
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Netflix To Acquire Warners Bros Discovery In Massive $82.7 Billion Deal: NFLX Stock Falls Over 2%, WBD Gains 3% In Premarket
Netflix agreed to acquire Warner Bros. Discovery (specifically its film/TV studios and streaming assets) for about $82.7 billion — giving Netflix control over major franchises (e.g. DC, Harry Potter,
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing “grave concerns” about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.