Netflix CEOs to staff: Warner Bros deal on track; Theatre movie releases to follow

Netflix is reportedly close to acquiring Warner Bros. Discovery's assets, aiming to bolster its position against YouTube. Co-CEOs Greg Peters and Ted Sarandos reassured staff about continuing theatrical releases. Despite a rival bid from Paramount Skydance, Netflix argues the merger is vital for market competition, though antitrust experts remain skeptical of its YouTube comparison.

from Times of India https://ift.tt/PRyTQ9B