US EditionHBO Max Subscriber Sues Netflix to Halt Merger
6 Articles
6 Articles
The mega-acquisition of Warner Bros. Discovery (HBO Max matrix) by Netflix has found an unexpected and direct obstacle: a lawsuit by consumers themselves, who fear that the merger will trigger anti-competitive behavior that will hit their pockets directly in Mexico. The lawsuit, filed this Monday in California, seeks to obtain a court order to prevent the $82.7 billion agreement and has a clear message for subscribers... if Netflix buys Warner, …
HBO Max Subscriber Files Antitrust Lawsuit Against Netflix's Pending Acquisition of WBD Assets
A HBO Max subscriber has filed a class-action antitrust lawsuit seeking to halt Netflix’s pending $72 billion acquisition of Warner Bros. Discovery’s studio and streaming assets. Michelle Fendelander, a resident of Las Vegas, Nevada, filed the suit Dec. 8 in U.S. District Court in San Jose, Calif., alleging the merger of Netflix and HBO Max, … Continue reading "HBO Max Subscriber Files Antitrust Lawsuit Against Netflix’s Pending Acquisition of W…
Netflix announced the acquisition of HBO Max and Warner Bros., a movement that marks a profound change in the entertainment industry and opens the way to future catalog integration. The agreement, revealed last Friday, incorporates into the streaming platform the extensive content of HBO, DC, Harry Potter, as well as flagship studio productions. The operation includes series and franchises such as Game of Thrones, Succession, The Last of Us, The…
Netflix received a consumer lawsuit on Monday seeking to block the controversial acquisition of Warner Bros. Discovery planned by the streaming platform. According to Los Angeles Times, the lawsuit, filed by Michelle Fendelander, HBO Max's subscriber, owned by Warner, claims that the merger could lead to anti-competitive behavior in the streaming industry. Fendelander argues that the agreement would reduce competition, increase subscription pric…
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