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After Netflix announced that it was acquiring Warner Bros. Discovery last week, observers immediatley wondered when or if the deal could obtain regulatory approval. Now, President Trump has made comments indicating that said approval is likely to take awhile if it happens at all, Bloomberg reported.
"Well, that's got to go through a process, and we'll see what happens," Trump told reporters in a recent Q&A scrum. "But it is a big market share. It could be a problem." The President added that he will be personally involved in the approval process.
As we pointed out last week, Netflix and HBO Max combined would account for around 33 percent of the US streaming video market, ahead of Prime Video's 21 percent share and likely enough to attract the antitrust division of the US Justice Department. For its part, Netflix has said that it will "maintain Warner Bros. current businesses," which includes HBO Max and HBO, theatrical releases for films as well as movie and TV studio operations.
Headwinds were likely with any deal, so in November Netflix's co-CEO Ted Sarandos reportedly met with Trump at the White House, arguing that the acquisition wouldn't create a monopoly. Trump said that Warner Bros. Discovery should sell to the highest bidder, and Sarandos left the meeting feeli
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Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It's making its pitch directly to WBD shareholders with an all-cash offer of $30 per share that expires on January 8.
Late last week, the WBD board unanimously accepted Netflix's offer of $27.75 per share. That breaks down to $23.25 per share in cash and another $4.50 per share in Netflix stock. Netflix's overall bid is valued at $82.7 billion, while Paramount's totals $108.4 billion.
There's a key difference when it comes to the Paramount offer, as it's for all of WBD. The latter is scheduled to split into two companies next year. Netflix only wants the Streaming and Studios side of WBD's business, which includes HBO Max and the Warner Bros. film, TV and game studios.
Paramount is after the whole shebang, including WBD's cable channels (Global Networks). "WBD's Board of Directors recommendation of the Netflix transaction over Paramount's offer is based on an illusory prospective valuation of Global Networks that is unsupported by the business fundamentals and encumbered by high levels of financial leverage assigned to the entity," Paramount said
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Apple's AirPods Pro 3 have returned to the low price of $219.99 today on Amazon, down from $249.00. We first tracked this deal during Black Friday, and today is one of the first times it's returned since that event ended.
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Buy the blanket, and you receive a month of Proton's Premium VPN service.
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Secret Santa gift exchanges are supposed to be fun, but it's easy to overthink it. You want a gift that feels thoughtful without being awkward, useful without being boring, and most importantly, affordable. The sweet spot is under $50, which is plenty to find something that fits your recipient's personality. Whether you're buying for a co-worker you only chat with at the coffee machine, a friend who already has everything or a cousin who never gives you ideas, there are clever options that will make them smile. These picks prove you don't need to spend big to win at Secret Santa.
Best Secret Santa gift ideas
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If you're looking for the perfect tech or tech-adjacent present for someone who loves Apple products or just uses them daily, I have a few suggestions that might be helpful to you this holiday season.
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Amazon's Cyber Week discounts on the Apple Watch Series 11 GPS and cellular models are still available in a few colors and sizes today, with $70 off select devices. All of these deals are matches for the best prices we've ever tracked on Apple Watch Series 11.
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The LG UltraGear 27GS60QC-B is a stunning 27-inch display that delivers exceptional performance you can rely on. It has a crisp "sweet spot" 2560×1440 native resolution, which is great whether you're gaming or streaming Netflix. Add in the fast 180Hz refresh rate and 1ms response time and you have a liquidy smooth visual experience that's lag-free even during the most action-packed scenes and games.
This monitor has a nice 1000R curvature that bends around your vision, easing eye fatigue and making for more comfortable sessions whether you're gaming, tackling work projects, or just mindlessly browsing the web and doomscrolling on social media. Other nice features include HDR10, AMD FreeSync, and a sleek "borderless" bezel. It also has both DisplayPort and double HDMI ports, plus a 3.5mm audio jack.
Right now, you can grab this 27-inch 1440p gaming monitor for just $169.99, and that's an excellent deal for an LG display with these specs, so don't wait and miss this opportunity.
That's a stellar deal for a curved 27-inch 1440p 180Hz monitorBuy this LG monitor on Amazon
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