Netflix

Trump demands CNN get new owners in Warner bidding war

US PRESIDENT Donald Trump said on Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he has long feuded with.

In a rational world, what matters is whether consumers risk being worse off if Netflix boosts its market share.
THE BOTTOM LINE

Netflix’s Warner Bros Discovery bid is an antitrust drama without a villain

Expect lawyers to home in on the definition of ‘relevant market’ that best suits their argument

Netflix would buy just Warner Bros’ Hollywood studios and streaming business; its cable TV networks would be split off in advance of the merger. Netflix is offering US$27.75 in cash plus stock. Paramount is offering US$30 a share for the whole of Warner Bros.

How the battle over Warner Bros turned into a blockbuster

Netflix seeks studios and streaming only, while Paramount bids for the entire group

Paramount’s latest attempt means the jockeying for Warner Bros and its prized HBO and DC Comics assets will not come to a conclusion swiftly.

Warner Bros fight heats up with US$108 billion hostile bid from Paramount

Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix

Netflix has “a very big market share, and when they have Warner Brothers, you know, that share goes up a lot”, the president says.

Trump warns Netflix-Warner deal may pose antitrust ‘problem’

The US president will be personally involved in the decision-making process

Warner Bros Discovery CEO David Zaslav took home more than US$200 million in salary and cash bonuses over a nearly two-decade run leading the New York-based studio.

Warner CEO Zaslav poised to become billionaire from Netflix deal

[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April. 

Analysts say Netflix is driven by a desire to lock up long-term rights to hit shows and films and rely less on outside studios.

Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion

The deal will further tilt the power balance in Hollywood in favour of the streaming giant

Warner Bros Discovery has been exploring a sale of all or part of its business, which includes film and television studios.

Netflix, Warner Bros Discovery combo seen lowering costs for consumers: sources

Alphabet’s YouTube remains US’ largest streaming platform by viewership

Warner Bros officially put itself up for sale in October after receiving multiple unsolicited offers for all or part of the company.

Warner Bros gets mostly cash Netflix offer in new round of bids

However, the company has not described the latest offers as final

Paramount is expected to bid for all of Warner Bros Discovery, including its cable television networks.

Paramount, Comcast and Netflix submit bids for Warner Bros Discovery: source

The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio