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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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If you're a Fubo subscriber, you've certainly noticed that NBC and all NBCUniversal-owned channels have gone dark on the platform. For over a week, customers have gone without NBC programming like the Today Show and The Voice, and for the second week in a row, customers will have to find alternate methods of watching this week's Sunday Night Football game, too. It's all because Fubo and NBCUniversal are having a contract dispute, so channels like NBC, USA Network, Telemundo, and Bravo have been unavailable on Fubo since Nov. 21, and as of now, there's no projected date for their return.
A message released by Fubo to their customers explains, "Fubo believes customers should have the option to choose among multiple distributors to access the content they love. Unfortunately, NBCU has offered terms regarding pricing and packaging that are egregiously above those offered to other distributors." A
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NEW RESOURCES Turkish Historical Society and machine-translated from Turkish: Cemal Pasha Photograph Collection Opened to Remote Access. "Photographs from the Cemal Pasha Collection, held in our institution's archives, are now available for […]
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