Warner Bros. set to urge 'no' on Paramount bid
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Netflix has reached a deal to buy the film studio Warner Bros and its streaming service, HBO Max for $72 billion. But what does this mean for your favorite movies and shows, such as the DC Universe, and Game of Thrones?
Here’s a deep dive into the library that Netflix will acquire from Warner Bros. An earthquake just hit Hollywood. After an intense bidding process, Netflix has emerged victorious, becoming the future shepherd of Warner Bros. and its TV and movie studios, as well as HBO and HBO Max.
Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.