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Elizabeth Warren Says Both Bids to Buy Warner Bros. Discovery Are Bad for Consumers

Summary by Npr
Sen. Elizabeth Warren cautions that the sale of Warner Bros. Discovery to either Netflix or Paramount Skydance could reduce competition and concentrate power over what films and news American see.(Image credit: Jacquelyn Martin)

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By Elisabeth Buchwald, CNN. Paramount and Netflix are locked in a fierce battle for Warner Bros. Discovery (WBD). On one side is Netflix, the bidder approved by WBD's board of directors after announcing a $72 billion deal last week. On the other side is Paramount, the bidder rejected by the board, which is now resorting to a tactic known as a hostile takeover. A hostile takeover occurs when one company attempts to acquire another by bypassing th…

·Idaho Falls, United States
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featurefirst.net broke the news in on Wednesday, December 10, 2025.
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