Netflix, Warner Brothers
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Rinsch lost millions of dollars in risky securities trades, made that money back in cryptocurrency investments and used the profits for a luxury spending spree.
Disney CEO Bob Iger said there were potential regulatory concerns with Netflix's deal to buy Warner Bros.'s film and TV studios and HBO Max.
Kimmie's journey is coming to an end on Beauty in Black as Netflix has renewed the Tyler Perry series for a third and final season.
Netflix’s proposed $82-billion purchase of Warner Bros. is triggering warnings from unions and theater groups, who fear the deal could accelerate consolidation, reduce jobs, and sharply impact the theatrical box office.
Who do you believe? The battle for control of Warner Bros. and HBO is coming down to an enormous bet on competing visions of the future of the entertainment industry. On Dec. 5, Netflix landed a whale of a deal that sent shock waves through the community.
Globally, Netflix has 302mn paying subscribers, while WBD has 128mn and Paramount has 79mn. Combining WBD with Netflix would further bolster its position as the biggest global player in streaming — traditionally a major regulatory red flag.
The first season of Beauty in Black spent seven weeks in the top 10 for Netflix, and in its second week was in the top position across 28 countries. The season two, Part 1 also made it to the pole position in 14 countries in its second week of debut, the streamer added.
I worry that by pointing out how insane these movies are for years on end, I have accidentally bullied Netflix into making them more coherent.
Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix.
As concerns emerge about Netflix's plan to acquire Warner Bros. Discovery assets, an HBO Max subscriber sued Netflix on Monday to prevent the merger from happening.