Netflix Execs Vow to Keep Warner Bros. Movies in Theaters, Hint at HBO Bundle

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Netflix’s bid for Warner Bros. Discovery (WBD) has ignited antitrust alarms, job-loss fears, and doomsday warnings for cinema. But the streamer’s co-CEOs insist the megadeal will be a win for consumers and Hollywood alike.

“We are very confident that regulators should and will approve it,” said Netflix co-CEO Greg Peters at the UBS Global Media and Communications Conference on Monday. “At the end of the day, it’s pro-consumer, delivers more value to those folks. It’s…



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Netflix Execs Vow to Keep Warner Bros. Movies in Theaters, Hint at HBO Bundle


Netflix’s bid for Warner Bros. Discovery (WBD) has ignited antitrust alarms, job-loss fears, and doomsday warnings for cinema. But the streamer’s co-CEOs insist the megadeal will be a win for consumers and Hollywood alike.

“We are very confident that regulators should and will approve it,” said Netflix co-CEO Greg Peters at the UBS Global Media and Communications Conference on Monday. “At the end of the day, it’s pro-consumer, delivers more value to those folks. It’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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