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Some analysts view Netflix's move to acquire Warner Bros. as a sign that it is worried about the growing strength of YouTube and TikTok among younger viewers.
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Movie Theaters Dread Any Warner Bros. Merger, Fear "Tipping Point" Where Whole System "Crumbles" The Hollywood Reporter5 questions for Netflix subscribers about the Warner Bros. deal Yahoo FinanceNetflix's Sarandos Wooed Trump in Person Ahead of Warner Bid Bloomberg.comTrump Stands in the Middle as Netflix and Paramount Vie for a Megadeal The New York Times
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The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.
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Paramount has launched a hostile bid for the company that's home to Casablanca, Batman and CNN. Just Friday, Netflix and Warner Brothers executives were celebrating a deal they had struck.
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