Netflix Inc. reached an amended, all-cash agreement to buy Warner Bros. Discovery Inc.’s studio and streaming business as it battles Paramount Skydance Corp. to acquire one of Hollywood’s most iconic entertainment companies.
Netflix Inc. reached an amended, all-cash agreement to buy Warner Bros. Discovery Inc.’s studio and streaming business as it battles Paramount Skydance Corp. to acquire one of Hollywood’s most iconic entertainment companies.
The Warner Bros. studios in Burbank, California, US.
Peter Chernin is in talks to sell his independent production company
Peter Chernin, chairman and chief executive officer of the Chernin Group LLC, speaks during a session at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 23, 2023. The third Qatar Economic Forum will shine a light on the rising south-to-south economy and the new growth opportunities it presents to the global business community. Photographer: Christopher Pike/Bloomberg