A Netflix deal for Warner means curtains for Crave unless Canadian regulators step in [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
Although the Warner acquisition is not yet a done deal, it looks likely to proceed. Daniel Cole/Reuters In early December, Netflix announced that it would be acquiring Warner Bros. from Warner Bros. Discovery Inc. (WBD) for US$72-billion. The deal includes Warner's film and television studios, HBO Max, and HBO, meaning Netflix will own the company's critically acclaimed catalogue of movies and television shows like The Wire Game of Thrones , and The Sopranos So, unless the Competition Bureau of Canada obliges Netflix to sell its HBO assets, the writing is on the wall. And it reads: Crave – your days are numbered. The acquisition of Warner Bros. by Netflix caught the entertainment industry by surprise. The deal likely requires approval by antitrust regulators at the U.S. Department of Justice to be finalized, but Netflix expects this to come after WBD splits the company in two in late 2026. Warner Bros. Discovery board asks investors to reject Paramount's hostile bid, go with N
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