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How Hollywood and Maga aligned over Warner Bros deal

BBC News·@Bbc·2 months ago
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#hollywood#aligned#englishlanguage
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How fast things change in Trump's America. It wasn't long ago that the Netflix takeover of Warner Bros looked a done deal, bar regulatory approval, after its board accepted an $82.7bn offer in December. Now Netflix has walked away, declining to match Paramount Skydance's new $111bn offer because the price has got too high. "The deal is no longer financially attractive," it said in a statement - so what happened? On Thursday, Netflix boss Ted Sarandos went to the White House and is reported to have met Department of Justice officials and Attorney General Pam Bondi. Whatever conversations went on - and I understand the meeting had been arranged several weeks before - Sarandos would likely have already realised he was facing a political battle over what he insists was purely a business deal.…

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