Netflix acquisition of Warner Bros. studio and HBO Max would face stiff DOJ antitrust opposition: sources

Antitrust officials are likening the Netflix purchase of WBD to Ticketmaster buying a popular entertainment venue like Madison Square Garden.
The Hill

Senators ask DOJ to scrutinize sale of Warner Bros. Discovery

A group of senators is asking the Department of Justice (DOJ) to scrutinize the potential sale of Warner Bros. Discovery (WBD), the massive media conglomerate that owns major brands like HBO, Turner Sports and CNN. In a letter to Department of Justice ...
tvbeurope.com

Warner Bros Discovery rebuffs Paramount’s initial approach as ‘too low’

Warner Bros Discovery (WBD) has reportedly rebuffed a takeover bid from Paramount Skydance after deeming the company’s initial bid as “too low”. Last week, it emerged that Paramount has been looking for partners to launch a bid to acquire Warner Bros ...
AOL

Warner Bros. Discovery Rejected Paramount Skydance Acquisition Offer of $20 per Share as Too Low (Report)

Warner Bros. Discovery rejected a takeover offer of “around” $20 per share from David Ellison’s Paramount Skydance in recent weeks as “too low,” Bloomberg News reported Saturday, citing anonymous sources. WBD shares closed at $17.10/share Friday ...
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