Zas is also betting that "even if the DOJ says 'no' to any of these potential suitors, he can turn to the federal courts to overturn its decision because the antitrust case isn't very strong," a source said.
Netflix is weighing a bid for Warner Bros Discovery's studio and streaming assets, marking what could be one of the entertainment industry's most significant consolidation moves in recent years.
Netflix is actively exploring a bid for Warner Bros Discovery's studio and streaming business, retaining a financial advisor and gaining access to financial information, according to a report.
Netflix is actively exploring a bid for Warner Bros Discovery's studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter.
Wall Street analysts believe the Trump administration will create significant regulatory hurdles for Comcast Corp (NASDAQ: CMCSA) if it does indeed proceed with recently reported plans of buying Warner Bros Discovery Inc (NASDAQ: WBD) WBD has officially opened the door to acquisition talks, with David Zaslav – its chief executive – recently confirming “interest from
Hollywood is abuzz with a tentative planned Warner Bros. Discovery split, and the potential for another major studio to buy WBD.
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