FCC Chairman Brendan Carr told CNBC on Tuesday that Netflix's previous Warner Bros. Discovery offer "raised a lot of competition concerns."
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FCC Chairman Brendan Carr has told CNBC that Paramount's
bid to buy Warner Bros. Discovery
is "cleaner" than Netflix's
, adding he expected it to be approved "pretty quickly."
FCC chair calls Paramount/WBD merger "a lot cleaner" than defunct Netflix deal
Warner Bros. Discovery Deems Paramount's Takeover Bid Superior To Netflix Deal
Paramount Faces Regulatory Hurdle After Winning Warner Bros Battle
Netflix drops Warner Bros bid, clearing way for Paramount takeover
Paramount to buy Warner Bros in $110 billion deal after Netflix bidding war
Netflix ends bid for Warner Bros. after Paramount offered $111B - UPI.com
FCC to review foreign debt, but Carr indicates it will be a formality.
With Netflix out of the picture, a Paramount and Warner Bros. Discovery deal may have fewer obstacles to regulatory approval.
Paramount has been given the green light to take over Warner Bros. Discovery for $110 billion, including its subsidiary CNN,…
In a letter to Warner Bros. CEO David Zaslav, attorneys for Paramount said the entertainment giant is favoring a rival bid from…
The FCC chairman's remarks come as the commission actively reviews foreign investments in the $110 billion merger.
Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders.
