Will Netflix Turn to ESPN If It Misses Out on Warner Bros. Discovery?

Will Netflix Turn to ESPN If It Misses Out on Warner Bros. Discovery?

Key PointsNetflix has competitive and regulatory obstacles in the way of its pending acquisition of Warner Bros. Discovery.Bloomberg reported last month that Netflix was considering Disney as a potential buyout candidate. It can settle for the cheapest of its three businesses and still come out a winner.Netflix is already making big-ticket investments in live sports. It's time to go big or go home. 10 stocks we like better than Netflix › Leave i…

DOJ reviews Netflix’s proposed $82.7bn Warner Bros Discovery deal amid competition concerns

New Delhi: The US Department of Justice has begun examining whether Netflix’s proposed $82.7 billion acquisition of Warner Bros Discovery raises competition issues, according to news reports. The review forms part of a broader assessment of consolidation in the entertainment industry and its implications for market power and access to creative talent. As part of the process, a civil subpoena was issued to another entertainment company requesting…