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Netflix faces consumer class action over $72 billion Warner Bros deal
Reuters· 2025-12-09 15:36
Core Viewpoint - Netflix is facing a consumer lawsuit aimed at blocking its planned $72 billion acquisition of Warner Bros Discovery's studio and streaming businesses [1] Company Summary - The lawsuit represents a significant legal challenge for Netflix as it seeks to expand its portfolio through the acquisition of Warner Bros Discovery [1] Industry Summary - The acquisition, valued at $72 billion, highlights the ongoing consolidation trend within the streaming and entertainment industry [1]