Netflix, Warner Bros. and Paramount
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The streamer's co-CEO made a surprise appearance at a Tuesday night event in Paris, organized by Canal+ Group.
Netflix announced on December 5 its $72 billion agreement to acquire WBD’s entertainment studios after it splits from Discovery Global under the title Warner Bros. A few days later, Paramount issued a $77.9 billion tender offer, alleging its bid would deliver greater value to shareholders.
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Regulatory process for Netflix's acquisition of Warner Bros. has begun, CEO David Zaslav tells staff
The regulatory review process for Netflix to acquire Warner Bros. has already begun. Warner Bros. Discovery CEO David Zaslav revealed the news in a letter sent to staff early Wednesday morning that was obtained by TheWrap.
Ted Sarandos made a surprise appearance at last night’s Canal+ content showcase. Having been showered with praise for the streamer’s impact in France, he shed more light on Netflix’s plans for Warner Bros.