Popular Media (Affiliate)
Will the Netflix-Warner Bros. Merger Go Through? It Depends on How You Define Market Share.
Barron's
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Warner Bros. Discovery announced on Friday that it intends to sell its major assets to Netflix. If the $72 billion cash-and-stocks transaction goes through, Netflix will gain control of Warner Bros. Pictures, DC Studios, HBO Max, and more.
It is far from a done deal, however. Paramount Skydance presented a $77.9 billion counteroffer Monday. And many, including the president, have raised antitrust concerns around Netflix. That may represent a significant hurdle for the parties before regulators.
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