Reviews are in, and Hollywood insiders aren't pleased with the Netflix-Warner Bros. deal [Business Insider]
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Netflix said it's buying Hollywood titan Warner Bros. in a blockbuster deal. Reacting to the news, several industry professionals raised concerns. Some said the acquisition could lead to job cuts, while others worried it could stymy creativity. The critics have spoken, and the Netflix-Warner Bros. deal isn't getting rave reviews from Hollywood insiders. Hollywood heavy hitters and rank-and-file industry workers alike have spoken out against the megadeal. "If I was tasked with doing so, I could not think of a more effective way to reduce competition in Hollywood than selling WBD to Netflix," Jason Kilar, who previously ran Warner Bros. as the CEO of WarnerMedia, posted on X shortly after news of the deal broke. The $72 billion acquisition , which requires regulatory approval, would reshape an industry that is still reeling from the intro
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- Netflix Only Buying Warner Bros. To Sabotage A Rival Streamer? [Yahoo! Finance]Yahoo! Finance
- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)]Los Angeles Times
- I Can't Believe This Addictive Netflix Thriller Is Still Living Rent-Free Inside My Head [CNET News]CNET News
- Netflix–Warner Bros. deal sets pp $72 billion antitrust test [Fortune]Fortune
- Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
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