Netflix’s $82.7 billion Warner Bros. takeover
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A video shared online soon after Netflix announced it was acquiring Warner Bros. was edited so the Netflix logo would be on the iconic water tower.
The decision to inject himself is particularly extraordinary given the president’s own conflicts and interests, according to legal experts.
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As Netflix and Paramount battle to buy Warner Bros. Discovery, Councilmember Konstantine Anthony requested that the City of Burbank enter into litigation to prevent the sale of the studios. The former mayor of Burbank issued a statement Thursday urging the city to intervene with the intent of “preserving jobs in the city.
The eye-popping numbers led Late Show host Stephen Colbert to muse about the Paramount bid during his monologue Tuesday night. (Paramount owns CBS, which airs The Late Show. )
Ted Sarandos responds to concerns about theatrical releases after Netflix's Warner Bros. purchase
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.