Netflix Declines to Raise Offer for Warner Bros(ir.netflix.net)
ir.netflix.net
Netflix Declines to Raise Offer for Warner Bros
https://ir.netflix.net/investor-news-and-events/financial-releases/press-release-details/2026/Netflix-Declines-to-Raise-Offer-for-Warner-Bros-/default.aspx
3 comments
Netflix still gets breakup fee I suppose?
This means Warner Bros., and thus CNN, will go to Paramount, owned by Trump supporter Larry Ellison. After Paramount's takeover of CBS, the broadcaster was already brought into line, and now CNN faces the same threat.
Rich assholes are all consolidating their media empires together so that they can control everything. It's all so tiresome every time some rich dipshit runs off to whine to the president so that they can get a more favorable deal on their billion dollar acquisition.
Netflix is happy to walk away with this since they get the money and will just buy it up in a fire sale when Larry Ellison is done gutting everything for his own personal satisfaction.
Netflix is happy to walk away with this since they get the money and will just buy it up in a fire sale when Larry Ellison is done gutting everything for his own personal satisfaction.