The lobbying blitz by Netflix’s Chief Executive Ted Sarandos – which is looking to soothe antitrust concerns not only with the Trump administration but also members of Warner Bros. Discovery’s board – has begun to chip away at Paramount Skydance’s lead in the auction, according to people with knowledge of the matter. Netflix’s legal eagles appear to have made headway convincing the WBD board with an argument about something called “category ambiguity,” a theory that antitrust law doesn’t necessarily apply to streaming services because of the prevalence of content on YouTube and social media; it’s not something that can be cornered and price gauged in the traditional sense. But Netflix is said to be particularly appealing to members of the WBD board because it wants just the studio and streaming service at a time when WBD was in the middle of breaking into two companies.
Author: Charles Gasparino
Published at: 2025-11-25 22:36:42
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