Netflix shareholders have been clamoring for Sarandos to call his deal ambitions quits given the costs involved and the debt the streaming giant will need to issue to cover the hefty $73 billion price tag for HBO Max, and the Warner studio. The war for the future of WBD has captivated Wall Street, Washington and the media business for the past six months given the culturally important properties at stake: The legendary Warner studio, the HBO Max streaming service and cable news network CNN, plus the bold-faced names involved in the negotiations such as Sarandos, David Zaslav of WBD and Larry Ellison, one of the world’s richest men. But the argument has recently been met with skepticism inside the Trump DOJ’s antitrust division that is now in the early stages of scrutinizing Netflix’s business model as a monopoly under Section 2 of the Sherman Act, as The Post has reported.
Author: Charles Gasparino
Published at: 2026-02-25 22:32:13
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