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Media industry
fromwww.theguardian.com
7 hours ago

Netflix boss says $83bn Warner Bros takeover will benefit industry

Netflix's $82.7bn bid for Warner Bros Discovery would expand the entertainment market; Paramount's proposed ownership would cut $6bn and shrink the industry.
fromAxios
2 months ago

Jared Kushner's firm backs out of Paramount's Warner Bros. bid

"With two strong competitors vying to secure the future of this unique American asset, Affinity has decided no longer to pursue the opportunity," an Affinity spokesperson said. "The dynamics of the investment have changed significantly since we initially became involved in October. We continue to believe there is a strong strategic rationale for Paramount's offer."
Business
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