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chaotic_ugly@lemmy.zip to Entertainment@lemmy.zipEnglish · 3 days ago

With Netflix Retreat, Trump Ally Larry Ellison Will Soon Own Warner Brothers, HBO, CNN, CBS, Paramount, Discovery, And Part Of TikTok

www.techdirt.com

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With Netflix Retreat, Trump Ally Larry Ellison Will Soon Own Warner Brothers, HBO, CNN, CBS, Paramount, Discovery, And Part Of TikTok

www.techdirt.com

chaotic_ugly@lemmy.zip to Entertainment@lemmy.zipEnglish · 3 days ago
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Netflix has retreated from its protracted bidding war with Larry Ellison for control of Warner Brothers, giving the Trump ally likely control of Warner, CNN, and HBO. In a statement, Netflix co-CEO…
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  • KnitWit
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    3 days ago

    The FTC: ‘very legal and very cool!’

  • BigMacHole@sopuli.xyz
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    3 days ago

    If we BREAK UP these Companies people will THINK we’re being Political!

    -Democrats if they Ever get Power!

  • Zephorah@discuss.online
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    3 days ago

    Why did Netflix back off?

    • chaotic_ugly@lemmy.zipOP
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      3 days ago

      A few reasons, but the most likely:

      • This bogus anti-trust probe: https://www.reuters.com/business/media-telecom/justice-department-casts-wide-net-netflixs-business-practices-merger-probe-wsj-2026-02-06/
      • And this meeting with Bondi and Wiles: https://www.msn.com/en-us/money/companies/netflix-s-ted-sarandos-to-meet-with-ag-pam-bondi-white-house-s-susie-wiles/ar-AA1X8NGR

      In short, Netflix made a deal with, or was bullied by, the Trump admin.

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