#streaming-ma

#streaming-ma

But that's unlikely to put a hold on M&A activity among major TV and streaming companies. The first question becomes what do WBD's spurned suitors do in response? Paramount and Comcast's NBCUniversal are unlikely to pair up given the U.S. Federal Communications Commission's broadcast ownership rules (and the U.S. government's antagonistic relationship toward Comcast). But there are (much) smaller targets on the market: A+E Global Media, AMC Networks, Lionsgate, Starz, etc.

For more than a century, Warner Bros has been one of Hollywood's biggest players, a legacy studio that helped define the Golden Age of cinema with iconic blockbuster movies. Now, it's at the centre of a contentious, billion-dollar bidding war between Netflix, the world's leading streaming platform, and Paramount Skydance, owned by the powerful Ellison family, which has close ties to President Trump.

We didn't expect that we had a high likelihood of prevailing with a deal that made sense to us,