Paramount’s $108bn bid for Warner Bros clears US antitrust hurdle
Support from Trump administration adds new twist in blockbuster battle with Netflix
Support from Trump administration adds new twist in blockbuster battle with Netflix

Board warns shareholders over ‘extraordinary’ amount of debt financing and $4.7bn of costs if it backs out of Netflix deal

Antitrust concerns and ties to Trump administration complicate picture of who may ultimately own media group

Streaming service could convert terms for celebrated studio as Ellison-led rival appeals directly to shareholders

Ellison-led group says it will nominate directors to counter Netflix deal for fabled studio

David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest

Streaming group is competing with Paramount over prized studio assets