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2:15 PM ET, December 6, 2025

Mediagazer

 Top News: 
Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4  —  Old-guard Hollywood underestimated streaming pioneer that has upended the industry over two decades
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Variety:
The WGA, which routinely opposes media mergers, says the Netflix-WBD deal must be blocked, and the Producers and Directors guilds express concern over the deal  —  SAG-AFTRA says proposed pact raises ‘serious questions about its impact on the future of the entertainment industry’
Jody Godoy / Reuters:
Congressional Democrats and Republicans criticize the Netflix-WBD deal, saying it would raise streaming subscription prices and lessen workers' pay and control  —  Netflix (NFLX.O) pitched its $72 billion acquisition of Warner Bros Discovery's studios and streaming divisionas aligned …
Ted Johnson / Deadline:
A look at the uphill battle to win regulatory approval for Netflix's acquisition of WBD, and the roles of the US DOJ, EU regulators, and state attorneys general
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Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026
Discussion: About Netflix, Washington Post, Barron's Online, New York Times, CNN, Los Angeles Times, The Hollywood Reporter, France 24, @michaelcollado, @mbrandolph, Condia, Alberto Onetti on LinkedIn, John Gallaugher on LinkedIn, Yahoo Finance, The Indian Express, The Motley Fool, Communicate Online, The Guardian, Raman Kumar Parepalli on LinkedIn, TRT World, Wall Street Journal, The Hollywood Reporter, Malay Mail, Deadline, Variety, Reuters, The Ankler, ABC7, NBC News, @austincarr, Reuters, Punch Newspapers, Status, The Wrap, BBC, Jonah Zalken on LinkedIn, @pkafka, @netflix, DNYUZ, The Verge, CNN, Northeastern Global News, Business Insider, Wired, today.rtl.lu, Adweek, @themorrancave.bsky.social, Profectio, Blaze Media, Sky News, PC Gamer, Axios, The Japan Times, mxdwn Television, Benzinga, Bounding Into Comics, The Daily Signal, Deseret News, Washington Post, iDrop News, USA Today, Bloomberg, LinkedIn, Barchart.com, Breitbart, Ben Keen on LinkedIn, Charlotte Crouch on LinkedIn, Jasmeet Sidhu on LinkedIn, @parismarx.com, MS NOW, PBS NewsHour, CBS News, Daring Fireball, Time, @shaundai.com, The Daily Caller, A Lovely Way to Spend …, @thefienprint.bsky.social, @carnage4life.bsky.social, TVNewsCheck, Digital Trends, GamesBeat, @vinsonlovescomics.bsky.social, Entrepreneur, @karlbode.com, @Holberg@mstdn.social, @tweak@ohai.social, My Nintendo News, Newswise, NPR, New York Sun, @robertscotthorton.bsky.social, TechCrunch, @jonathancohn.bsky.social, @droog811.bsky.social, @bretbatson.bsky.social, @kambole.bsky.social, @peter-eller10.bsky.social, @leafwarbler.bsky.social, @jackcarterbenjamin …, @Knoebel@mastodon.social, @mgsiegler.com, @valiuz.bsky.social, @jakevk.bsky.social, @uppergwladysblu.bsky.social, Deadline, @lewisgoodall.com, @joshsternberg.com, @irishoutsider.bsky.social, @thebarrylad.bsky.social and Deadline, more at Techmeme »
Chris Kerr / Game Developer:
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business
Katie Campione / Deadline:
SAG-AFTRA puts off taking a position on the Netflix-WBD deal but says a deal benefiting its members “must result in more creation and more production, not less”
Nicole Sperling / New York Times:
Netflix's WBD bid marks a striking strategy shift for a company long known for pivots, especially after years of avoiding full commitment to theatrical releases
Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.  —  Nuzzi joined the magazine as an editor earlier this year  —  Vanity Fair and Olivia Nuzzi have agreed to part ways following …
Oliver Darcy / Status:
Sources: David Ellison's interference in WBD's failed summer talks to extend HBO Max's South Park licensing deal left David Zaslav distrustful of Ellison  —  Over the summer, David Zaslav was deep in negotiations with Paramount over “South Park,” hoping to extend HBO Max's licensing deal for the popular program.
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Alex Sherman / CNBC:
Documents and source: WBD CEO David Zaslav's stock in WBD would be worth close to $660M if the Netflix deal closes  —  This isn't exactly what David Ellison had planned in September.  —  Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board …
Joe Flint / Wall Street Journal:
WBD CEO David Zaslav, criticized for cutting costs, scrapping movies, and laying off thousands, may end up having the last laugh thanks to the Netflix-WBD deal  —  Long Hollywood's punching bag, the CEO is shaking up the industry with a blockbuster deal  —  David Zaslav is finally having his moment.
Discussion: The Guardian, Variety, Puck and The Wrap
Dylan Byers / @dylanbyers:
Sources: Bari Weiss poaches ABC News' Chief National Correspondent Matt Gutman to serve as CBS News correspondent; he isn't in line to anchor the Evening News  —  Scoop: Bari Weiss has managed to lure ABC News correspondent @mattgutmanABC to CBS after a protracted back-and-forth negotiation, per sources familiar. He will serve as a high-profile correspondent and is not in line for Evening News anchor job. More in tonight's In The Room
Discussion: Mediaite and RADAR
Humeyra Pamuk / Reuters:
The Trump administration orders enhanced vetting of H-1B applicants and their families for past work in “censorship”, including fact-checking and online safety  —  The Trump administration on Wednesday announced increased vetting of applicants for H-1B visas for highly skilled workers …
Alexandra Steigrad / New York Post:
Sources: Forbes has cut ties with dozens of contributing writers; one exec said Forbes needs to ensure the contributor model is “financially sound”  —  Forbes abruptly cut ties with dozens of contributing writers this week — sparking outrage and confusion among the rank and file …
 
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Scott Roxborough / The Hollywood Reporter:
A European theater owners group says Netflix's Warner Bros. acquisition “represents a double risk” of fewer films being produced and getting theatrical releases