Antitrust Storm Brews as Mega-Deal Creates a 56% Dominant Streaming Giant; Warren Calls It a ‘Nightmare’
the staff of the Ridgewood blog
Ridgewood NJ, the media landscape was rocked on Friday by a blockbuster announcement: Netflix has agreed to acquire the legendary Warner Bros. film studio and the popular streaming service HBO Max in a massive $72 billion deal. This combination unites two of the world’s largest content libraries and most influential platforms, but its path to completion is already facing an immediate and aggressive regulatory backlash.
