Netflix is reportedly close to acquiring Warner Bros. Discovery's assets, aiming to bolster its position against YouTube. Co-CEOs Greg Peters and Ted Sarandos reassured staff about continuing theatrical releases. Despite a rival bid from Paramount Skydance, Netflix argues the merger is vital for market competition, though antitrust experts remain skeptical of its YouTube comparison.
Netflix CEOs to staff: Warner Bros deal on track; Theatre movie releases to follow
Published 8 hours ago
Source: timesofindia.indiatimes.com
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