Sky News·2025-12-08 08:11Core Viewpoint - The proposed $72 billion acquisition of Warner Bros by Netflix has sparked significant backlash within the media industry, raising concerns about market dominance and competition [1][3][5]. Group 1: Acquisition Details - Netflix, the world's largest streaming service, has agreed to acquire Warner Bros Discovery's TV, film studios, and HBO Max streaming division, with the deal expected to complete late next year [2]. - The acquisition is positioned as the largest media takeover in history, with implications for competition and market control [6]. Group 2: Industry Reactions - The Writers Guild of America has expressed strong opposition, arguing that the merger would violate antitrust laws, eliminate jobs, lower wages, and reduce content diversity [5]. - Republican Senator Roger Marshall has raised concerns about the implications for consumers and local businesses, emphasizing the need for regulatory scrutiny [6][7]. Group 3: Regulatory Considerations - President Trump has indicated he will be involved in the decision-making process regarding the deal, acknowledging potential problems related to market share and competition [1][11]. - The deal has attracted bipartisan criticism, highlighting the need for regulators to assess its impact on prices, choice, and creative freedom [6][7].