Could Netflix’s Deal for Warner Bros. Fall Apart?

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While Netflix hopes to buy Warner Bros. Discovery for $72 billion, CNBC reports a senior official in America’s federal government said the administration was viewing the deal with “heavy skepticism. And that’s not the only hurdle:

On Thursday, The Wall Street Journal reported that Paramount, in a letter to lawyers for Warner Bros. Discovery [WBD], had warned that a sale to Netflix likely would “never close” because of regulatory challenges in the United States and…



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Could Netflix’s Deal for Warner Bros. Fall Apart?


While Netflix hopes to buy Warner Bros. Discovery for $72 billion, CNBC reports a senior official in America’s federal government said the administration was viewing the deal with “heavy skepticism. And that’s not the only hurdle:

On Thursday, The Wall Street Journal reported that Paramount, in a letter to lawyers for Warner Bros. Discovery [WBD], had warned that a sale to Netflix likely would “never close” because of regulatory challenges in the United States and…



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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