Netflix is buying Warner Bros: All of the latest updates

After a bidding war that reportedly also involved Paramount, Comcast, Amazon, and Apple, on December 5th, Netflix struck a deal to buy Warner Bros. for $82.7 billion, buying the studio, HBO / HBO Max, Warner Games, and more, while leaving cable and sports assets, including CNN, TNT Sports, and the Discovery channels out.

A few days later, Paramount tried to force its way into the arrangement, announcing a hostile bid worth $108.4 billion in cash.

There are already questions and comments coming from politicians and regulators about the proposed acquisition, and you can follow along below for all of the latest updates as they come in.

Leave a Reply

Your email address will not be published. Required fields are marked *