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.
- Paramount launches a hostile $108 billion bid to snatch Warner from Netflix
- Trump isn’t sold on the Netflix-Warner Bros. deal.
- Netflix CEO made a visit to the White House before buying Warner Bros.
- Welcome to the big leagues, Netflix
- Netflix’s leadership thinks the Warner Bros. deal won’t be like other big media mergers.
- Netflix is “highly confident” about the regulatory process for the deal.
- The Writers Guild of America published a statement on the deal.
- Netflix on its plans for WB’s theatrical slate:
- THR published WBD CEO David Zaslav’s memo to staff about the Netflix acquisition.
- Netflix’s Warner Bros. deal includes Warner Bros. Games.
- Netflix is buying Warner Bros. for $83 billion
- Netflix is reportedly looking into a bid for Warner Bros. Discovery
- Warner Bros. mergers never work, but they’re trying again anyway
- Netflix, Amazon, and Apple are reportedly interested in buying Warner Bros.
- Warner Bros. Discovery is ready for a sale
- Larry Ellison’s quest to run the world