Netflix exec demeans 'no value' Warner Bros. Games
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Today, Xbox and PC Game Pass subscriptions feature the penultimate game prepared for the first half of December. We are talking about the latest installment of the cult series of brutal brawlers.
A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.
Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 million, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.
The broadcasts for the College Football Playoff's first-round games will be split between Warner Bros.' TNT networks (TNT/TruTV/HBO Max) and Disney's networks (ABC/ESPN). The rest of the College Football Playoff games will be exclusively broadcast on Disney's ESPN.
Netflix surprised its 300 million subscribers with a personalised late-night note after announcing its major deal with Warner Bros. In the message, the streaming giant reassured users that “nothing is changing'.
Lobbying armies are being amassed in real time as the media giants vying to purchase Warner Bros. Discovery — Netflix and Paramount Skydance — game out the Washington landscape in pursuit of their prize.
Gregory Orr, the grandson of Warner Bros. founder Jack Warner, expresses concerns over the studio's Netflix sale
Netflix’s $83 billion move to acquire Warner Bros. reshapes streaming, pulling major franchises like Harry Potter, DC, and HBO favorites into one giant platform.