Netflix announced Friday that it has agreed to acquire Warner Bros. Discovery’s film studio and HBO assets, including the streaming service, for $82.7 billion, including debt. Netflix outbid media ...
Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. It said Wednesday that it ...
Netflix co-CEOs Ted Sarandos and Greg Peters projected confidence and asserted that a Netflix takeover of Warner Bros. and HBO Max would “create and protect jobs in the entertainment industry.” The ...
In a sweeping move that could redefine the future of film and television, Netflix’s $72 billion acquisition of Burbank-based Warner Bros. Discovery was announced Friday, a blockbuster deal that would ...
It’s official: Big Red is buying the back-lot empire home to Batman, Harry Potter, and Tony Soprano. On the heels of weeks of frenzied bidding among rival studio suitors, Netflix announced early on ...
President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news ...
Netflix announced last week that it would purchase Warner Bros. Discovery in a deal worth $72 billion, raising concerns from consumers, lawmakers, Hollywood unions and movie theater owners. Critics of ...
It’s official: In a move that will dramatically reshape the entertainment business, Netflix and Warner Bros. Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., ...
Here’s looking at you, Ted: It turns out that, in addition to HBO and the Warner Bros. film studio, Netflix may soon run Turner Classic Movies. Though it wasn’t mentioned officially in any press ...
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. By Benjamin Mullin Lauren Hirsch and John Koblin Paramount on Monday mounted a ...
The fight for the future of Warner Bros. is getting ugly. The losers will be the people who love TV and movies. But even as bigwigs from government, media and Wall Street argue and fight over the ...
Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros. Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the ...