Warner Bros. will reject Paramount bid for Netflix deal
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The streamer's co-CEO made a surprise appearance at a Tuesday night event in Paris, organized by Canal+ Group.
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Regulatory process for Netflix's acquisition of Warner Bros. has begun, CEO David Zaslav tells staff
The regulatory review process for Netflix to acquire Warner Bros. has already begun. Warner Bros. Discovery CEO David Zaslav revealed the news in a letter sent to staff early Wednesday morning that was obtained by TheWrap.
Ted Sarandos made a surprise appearance at last night’s Canal+ content showcase. Having been showered with praise for the streamer’s impact in France, he shed more light on Netflix’s plans for Warner Bros.
The CEO stands to gain $567 million if a deal is sealed to sell the WB empire while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.