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The merger, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond its television and motion picture division, Warner owns HBO Max and DC Studios.
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Truelink Capital, the Los Angeles buyout house launched by a pair of former Platinum Equity managing directors three years ago, is already back in the market with its sophomore fundraise.
The post Ex-Platinum Equity execs back with second Truelink Capital fundraise, with eyes on $1.5bn appeared first on AltAssets Private Equity News.
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Streaming giant Netflix said it's buying Warner Bros. Discovery in a deal that would create a global entertainment behemoth. CNN and other cable channels Warner Bros. owns are not part of the deal.
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The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News. Instead, CNN will remain in a separate corporate entity.
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Netflix struck a deal to buy one of Hollywood's most storied studios. But a scorned rival, and the Trump administration, may put up a fight.
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