Netflix CEOs defend Warner Bros. deal
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Former close aides to Donald Trump are enmeshed in the Paramount-Netflix face-off over buying Warner Bros. Discovery.
The deal to acquire the Hollywood behemoth’s television and film studios as well as HBO Max will bulk up the world’s biggest paid streaming service.
This week of Sports Business Minute with “The Sports Professor” Rick Horrow features Netflix, Inc. (Nasdaq: NFLX) plans to acquire Warner Bros. Discovery, Inc. (Nasdaq: WBD) at a deal valued at about $72 billion,
World Cup racing has already gone through two chaotic seasons of new formats, new broadcasters, and new paywalls — and now the entire streaming future of the sport is getting thrown into even more uncertainty.
If the deal goes through, an algorithm-powered streaming titan would gobble up a 102-year-old movie studio synonymous with the romance of old Hollywood.