Warner Bros. opens door to Paramount
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The most likely outcome is that Netflix will walk away from the bidding war. That’s good news for its shareholders.
Netflix’s bid for the media giant and President Donald Trump’s demand that Netflix fire board member Susan Rice.
Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the Hollywood giant.
A total of 11 Republican state attorneys general are insisting that the federal government scrutinize Netflix's bid for Warner Bros.
Nebraska Attorney General Mike Hilgers, alongside Montana Attorney General Austin Knudsen, led an 11-state coalition in sending a letter to the U.S. Department of Justice, asking it to scrutinize Netflix’s proposed merger with Warner Bros.
The impending deal in which Netflix buys Warner Bros. has people inside and outside of Hollywood worried about the future of movies. With a streaming giant owning a massive movie studio, will its
Trump called for Netflix to fire one of its board members, former Biden official Susan Rice, earlier this week.
The white gloves may have truly come off in Netflix and Paramount's multibillion-dollar battle for Warner Bros. Discovery.