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business17h ago
What Is David Ellison’s Warner Bros. Endgame?
- Paramount Skydance keeps pressing to buy Warner Bros. Discovery as Ellison extends the bid deadline.
- WBD board resistance remains, with executives citing the Netflix pact as a foundational hurdle.
- Analysts say regulators may decide the fate of the Netflix-WB deal, influencing Ellison’s strategy.
- Ellison’s approach centers on delaying tactics to raise costs and pressure negotiations.
- Politicians express antitrust concerns, highlighting Netflix’s growing market influence.
- Netflix argues its blanket competition case would not be solved by the merger alone.
- Industry voices suggest the deal’s outcome depends on how broadly ‘competitive set’ is defined.
- Regulatory actions could: block, condition, or shape the Netflix-WB deal before approval.
- The market impact centers on Warner Bros. Discovery’s library and Netflix’s share of global viewing.
- Upcoming Senate hearing on the transaction heightens scrutiny around the deal.
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