Business

Netflix Issues Urgent Reassurance After $82.7B Warner Bros. Acquisition Sparks Political and Industry Backlash


Netflix has moved quickly to calm subscribers after announcing its $82.7 billion acquisition of Warner Bros., sending a late-night email stressing that “nothing is changing today.” While the companies await regulatory approvals, lawmakers and industry groups are raising concerns over potential antitrust issues, job losses, and future price hikes.

Business

Warner Bros Discovery Shares Surge Amid Paramount Skydance Buyout Rumors


Shares in Warner Bros Discovery and Paramount Skydance have surged following reports that Paramount Skydance is preparing a full takeover bid for its rival. The potential deal comes amid growing scrutiny from President Donald Trump’s administration and ongoing transformation in the media landscape shaped by streaming.