Paramount Bids $108B for Warner Bros Amid DOJ Probe into Netflix

#WashingtonDC, #USA
Paramount Global submitted a $108B bid for Warner Bros. Discovery as the DOJ investigates a rival $82.7B deal with Netflix.The DOJ is investigating the competing $82.7B agreement with Netflix following concerns about market concentration.Rob Bonta and Donald Trump raised antitrust concerns regarding the creation of a potential monopoly on the market.Ted Sarandos plans to visit the White House while the board determines if the new bid is a superior proposal.
Tags
#DonaldTrump#ParamountGlobal#DavidEllison#WarnerBrosDiscovery#RobBonta#Netflix#TedSarandos#DOJ
Read more
Newsmax Boston Globe LA Times Breitbart News CNBC Deadline Folha
Discuss

#USA