Hollywood, already on shaky economic ground, shudders at the prospect of a mega-Netflix [CNN]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: CNN
New York — Producers, actors, writers and theater owners are not thrilled about the prospect of a mega-Netflix dominating show business, with major unions and trade groups expressing deep concern about the potential impact on jobs and communities. “The world's largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent,” the Writers Guild of America, the union representing Hollywood writers, said Friday. “The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers.” Netflix triumphed over Paramount and Comcast late Thursday in a bidding war for Warner Bros., surprising many in the industry who saw Paramount as a shoo-in. “Holy f—k. Netflix got WBD,” one Paramount staffer said in a text to CNN on Thursday night. David Zaslav, the CEO of Warner Bros. Discovery, CNN's parent company, attribute
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News
- Netflix-Warner Bros. Deal: Streaming Superpower Or Streaming Monopoly? [Forbes]Forbes
- Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery [Yahoo! Finance]Yahoo! Finance
- What does the Netflix-WBD deal mean to the future of streaming? [Los Angeles Times (CA)]Los Angeles Times
- Hollywood unions alarmed by Netflix's $72 billion Warner Bros deal [Yahoo! Finance Canada]Yahoo! Finance Canada
- Old Hollywood meets new: Netflix agrees to buy Warner Bros. and HBO Max [MSNBC.com]MSNBC.com
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/5/25 - Form 425
- 12/5/25 - Form 425
- 12/5/25 - Form 8-K
- WBD's page on the SEC website