1 week ago - Some members of Congress on Friday deemed Netflix's $72 billion proposed acquisition of Warner Bros Discovery's studios and streaming unit an antitrust "nightmare" for consumers and creatives, while the company touted the deal as driving value ...

1 week ago - Democratic Sen. Elizabeth Warren, a longtime antitrust hawk, said in a statement that the proposed merger “looks like an anti-monopoly nightmare.” · "A Netflix-Warner Bros.

4 days ago - Our professionals regularly share insights on important legal trends. Subscribe to receive the latest guidance, news, and events affecting you or your business.

1 week ago - Netflix and Warner Bros. both have huge international footprints, and regulators from the European Union, Asia and elsewhere will likely weigh in. In the United States, it will subject to antitrust scrutiny — Democratic Sen.

1 week ago - Discovery, has been making: Regulators are unlikely to allow Netflix to get substantially bigger. Netflix has its work cut out for it. It’s already begun laying out its case: The company has been talking up its world-class algorithm and deep ...

1 week ago - In a letter to Warner Bros. Discovery, lawyers for Paramount argued that a Netflix deal would “entrench and extend Netflix’s global dominance in a matter not allowed by domestic or foreign competition laws.” · That raises the prospect of Paramount seeking to persuade the Trump administration to block a Netflix deal on antitrust grounds, a plausible threat considering its close ties to the White House.

1 week ago - But the deal probably will face strong antitrust scrutiny in Europe and the United States. The combination would give the expanded company Netflix's 300 million or so subscribers with HBO Max's nearly 130 million streaming subscribers.

1 week ago - The trio sent a letter to the Justice Department Antitrust Division indicating that any agreement would be viewed “under a cloud of political favoritism and corruption.” · Additionally, various industry players are expressing their views.

1 week ago - Netflix won the bidding war to buy Discovery/Warner Brothers and consolidate Hollywood, but a Netflix-Warner merger looks illegal. It's likely to face meaningful political and antitrust hurdles.

1 week ago - This makes a deal presumptively illegal under U.S. law, which is even less restrictive than the laws in the myriad other jurisdictions that will evaluate the deal.” ► “Netflix has tried to obfuscate its dominant position in streaming by pointing to plainly different businesses like YouTube, Facebook, and TikTok. The U.S. Department of Justice, the Federal Trade Commission and other antitrust regulators have repeatedly and consistently rejected these kinds of unbounded, “everyone is a competitor” type of arguments.

1 week ago - But the landscape is changing. With three subscale streamers — HBO Max, Paramount+, and Peacock — fighting for relevance, analysts say the only path to survival is scale, and Netflix may be seizing the chance to prevent a rival from gaining Warner Bros.’ intellectual property.

1 week ago - Netflix‘s blockbuster deal to acquire Warner Bros. Discovery (WBD) is unlikely to be blocked by regulators in the European Union, according to antitrust experts.

1 week ago - Reuters could not verify the report and it was not immediately clear when the offer was made. The Netflix deal, however, is likely to face strong antitrust scrutiny in Europe and the U.S.

6 days ago - Elizabeth Warren, D-Massachusetts, ... arguing that a combined Netflix-Warner Bros. would control nearly half of the streaming market, drive up prices for consumers, limit content choices and put workers at risk....

1 week ago - The Trump administration is viewing the merger with "heavy skepticism," CNBC reported Friday, and Sen. Elizabeth Warren has already called for an antitrust review. "This deal looks like an anti-monopoly nightmare. A Netflix-Warner Bros.

1 week ago - In a statement, the group said it raised “significant concerns” and they would be arranging a meeting with Netflix as soon as possible. The Writers Guild of America also released a statement, calling for it to be stopped. “The world’s largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent,” the statement read.

1 week ago - Netflix will have to answer a crucial question: Why does it want to buy Warner Bros and HBO? That answer could determine both companies’ fates. Netflix has its work cut out for it. It’s already begun laying out its case: The company has been talking up its world-class algorithm and deep understanding of what viewers want to watch. That’s on purpose: If antitrust enforcers believe the deal is about efficiency, regulators could let it skate through, because it could improve the consumer’s experience and encourage more competition.