Top News:
Lucas Shaw / Bloomberg:
Sources: Ted Sarandos met with President Trump in November, and both agreed WBD should go to the highest bidder; Sarandos argued that Netflix wasn't a monopoly — Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
Discussion:
The Hollywood Reporter, Proactive, The Statesman, UPI, Wall Street Journal, @lucas_shaw, @jason, Mirror US, Benzinga, Variety, NBC News, @cgasparino, TechCrunch, Newsweek, @lucas_shaw, @lucas_shaw, al.com, @cgasparino, Media Play News, The Wrap, @karaswisher.bsky.social, @gigawattconduit.bsky.social, @toomuchtv.substack.com, USA Today, Newsmax, Semafor, New York Times, New York Post, The Verge, Just Jared, CBC News, Los Angeles Times, VICE, Kotaku, Morningstar, The Movie Blog, The Times of Israel, The Boston Globe, STV News and Proactiveinvestors UK, more at Techmeme »
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Bloomberg:
President Trump says Netflix's planned acquisition of WBD will have “to go through a process” and he will be personally involved in the decision-making process — US President Donald Trump raised potential antitrust concerns around Netflix Inc.'s planned $72 billion acquisition …
Discussion:
Irish Examiner, Business Standard, Benzinga, Associated Press, Anadolu Ajansı …, Blockchain.News, B&T, Financial Times, Deadline, Investing.com, Media Play News, World of Reel, Bloomberg Law, OdishaTv, Taipei Times, Breitbart, Finbold, Business Insider, Forbes, The Economic Times, The Wrap, Washington Examiner, The Daily Beast, The Motley Fool, Ars Technica, Le Monde, Observer, Al Jazeera, CBS News, Rogue, StreamTV Insider and PCMag, more at Techmeme »
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 — As part of the deal, WBD will continue with plan to spin off its cable television networks — Netflix has agreed an $83bn takeover …
Discussion:
Washington Post, New York Times, About Netflix, @paulguinnessy.bsky.social, TechCrunch, @mbrandolph, @michaelcollado, Dow Jones Newswires, Alberto Onetti on LinkedIn, John Gallaugher on LinkedIn, Yahoo Finance, The Motley Fool, @austincarr, New York Times, @pkafka, @netflix, Los Angeles Times, Raman Kumar Parepalli on LinkedIn, CNN, The Hollywood Reporter, Reuters, Reuters, Status, Jonah Zalken on LinkedIn, The Guardian, @themorrancave.bsky.social, Blaze Media, Axios, Press Association, Benzinga, Bounding Into Comics, The Daily Signal, Washington Post, iDrop News, Deadline, Breitbart, Ben Keen on LinkedIn, Charlotte Crouch on LinkedIn, Jasmeet Sidhu on LinkedIn, @parismarx.com, Daring Fireball, @shaundai.com, The Daily Caller, Channel NewsAsia, A Lovely Way to Spend …, @thefienprint.bsky.social, @carnage4life.bsky.social, @vinsonlovescomics.bsky.social, @karlbode.com, @Holberg@mstdn.social, @tweak@ohai.social, NPR, @robertscotthorton.bsky.social, TechCrunch, Deadline, @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 and @thebarrylad.bsky.social
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:
Variety, The Hollywood Reporter, The Wrap, Business Insider, Deadline, Puck and The Indian Express
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
Discussion:
Crikey, BMI, Paul Kedrosky, @GhostOnTheHalfShell@masto.ai, adnews.com.au, The Straits Times, ABC, Australian Financial Review, Fox Business, Le Monde, Slate, The Guardian, New York Times, TRT World, Boardroom, dailyjournal.com, Bloomberg, BBC, KEYE, Northeastern Global News, New York Sun, Wired, Daily Mail, The Direct, Barchart.com and Associated Press
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
Discussion:
Financial Times, GIANT FREAKIN ROBOT, IndieWire, New York Times, @sharonwaxman, Gizmodo, The Hollywood Reporter, Mirror US, Pressing Issues, Media Play News, wga.org, Deadline, mxdwn Television, The A.V. Club, Techdirt, The Ankler, Washington Post, Mediaite, Michael Tsai, ProtoThema English, Digital Music News, Deadline, Bloomberg, The Wrap, NBC News, TVNewsCheck, Screen, Esquire, Screen Rant, Truth on the Market, Time, SFist, Common Dreams and Deadline
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
Congressional Democrats and Republicans criticize the Netflix-WBD deal, saying it would raise streaming subscription prices and lessen workers' pay and control
Discussion:
Yahoo Finance, The Economic Times, BIG by Matt Stoller, ZeroHedge News, Livemint, IGN, Daily Sabah, The Wrap, The Independent, @mattgaetz, @rogermarshallmd, @berniesanders, CNN, Just Jared, Variety, Reuters, International Business Times, Reason, Newsmax, Wall Street Journal, @editorialboard.bsky.social, Bloomberg, The Guardian, mxdwn Television, Consequence, Deadline, U.S. Senator Elizabeth Warren …, CampaignUs, Quartz, Channel NewsAsia, The Hill and Silicon Valley 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”
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”
Discussion:
TheJournal.ie, @variety, Adweek, The Wrap, USA Today, Financial Times, The Hollywood Reporter, The Times, Yahoo Finance, MediaPost, The Streamable and Business Insider
Chris Kerr / Game Developer:
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business
Discussion:
Games, Gamereactor UK, The Observer, Comic Book, Mirror US, Deadline, Communicate Online, Far Out Magazine, India Today, Benzinga, The Verge, TheDesk.net, Deseret News, AfroTech, WCTV, Kotaku, Engadget, Macworld, Destructoid, PocketGamer.biz, Metro.co.uk, Miami Herald, Game Informer, New Jersey Online, Aftermath, Dexerto, @matpiscatella.bsky.social, @knoebel.bsky.social, @wario64.bsky.social, @kerrblimey.bsky.social and Bloomberg
Bloomberg:
Netflix secured $59B in bridge financing from Wells Fargo, BNP Paribas, and HSBC for its WBD bid, one of the largest loans of its kind; Wells' share is $29.5B
Netflix secured $59B in bridge financing from Wells Fargo, BNP Paribas, and HSBC for its WBD bid, one of the largest loans of its kind; Wells' share is $29.5B
Discussion:
Financial Times, Paula Seligson on LinkedIn, SiliconANGLE, Fortune, Associated Press and Inc.com
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
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
Discussion:
The Movie Blog, GIANT FREAKIN ROBOT, Forbes, Screen, Screen Rant, @mgsiegler, @laurenshirsch, Variety, Instapundit, Vulture, No Film School, Decider, Los Angeles Times, /Film, Den of Geek, MakeUseOf, San Francisco Chronicle, Deadline, CNBC and Spyglass
John Koblin / New York Times:
The Netflix-WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition — The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News.
Discussion:
Semafor, Straight Arrow News, Washington Post, Forbes, Mock Paper Scissors, World of Reel and TVNewsCheck
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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
Matt Donnelly / Variety:
A look at the auction for the Oscars' TV rights, as sources say Netflix is out, NBCUniversal gains ground, and YouTube and ABC remain active bidders — There are eight weeks left on the holy Hollywood awards calendar until Oscar nominations are announced, and it's not just artists and craftspeople hunting for trophies.
Discussion:
The Hollywood Reporter, Screen Rant, Offscreen Central, The A.V. Club, Deadline, @discussingfilm.net and World of Reel
Ellen Gamerman / Wall Street Journal:
Inside the creation of AI actress Tilly Norwood, which included 2,000 iterations; Particle6, its creator, says it has ~60 NDAs for projects involving Tilly — How the human behind Tilly Norwood brought her to digital life
Discussion:
CBS News, Digital Music News, Associated Press and The Wrap
Kat Tenbarge / Wired:
Some Reddit moderators say a surge of AI slop on the site is eroding its authenticity and could lead to a feedback loop of AI models training on AI content — Reddit is considered one of the most human spaces left on the internet, but mods and users are overwhelmed with slop posts in the most popular subreddits.
Dominic-Madori Davis / TechCrunch:
A look at Hamlet, a startup that uses AI to process local government meeting videos and which plans to provide the tool to local journalists for free — The launch of Hamlet was quite personal for Sunil Rajaraman. — Back in 2022, he ran for city council in a small California town.
Discussion:
Mariesa Lenz on LinkedIn and Plain Dealer
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 …
Discussion:
Liberal Currents, Los Angeles Times, New York Times, Associated Press, @bryancurtis, @tomgara@threads.com, Politico, Blaze Media, Business Insider, Newser, @olufemiotaiwo.bsky.social, New York Daily News, RADAR, @ericmgarcia.bsky.social, Northeastern Global News, The National Pulse, DNYUZ, @davelevitan.bsky.social, Mediaite, @bgrueskin.bsky.social, The Guardian, @alexshultz.bsky.social, The Independent, @zeeshanaleem.bsky.social, @joshsternberg.com, New York Post, The Hill, The Wrap, @bselena.bsky.social, @mbkplus.bsky.social, Fox News and r/Journalism
Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings — It's a brand-new day at the legacy studio, where prestige films are out, testosterone-heavy tentpoles are in and Brett Ratner is back on the call sheet.
