Netflix Must Be Stopped

Last Friday afternoon, Netflix announced they had delivered the winning bid for the 102-year-old studio, Warner Bros. Discovery (WBD). Comcast and Paramount Skydance were both in the mix, with the latter now attempting a hostile takeover. Both Paramount, a legacy studio founded in 1912, and Netflix, the world’s largest streamer, have reason to believe that their competitor would pose regulatory hurdles in acquiring WBD.