Paramount accused Netflix of a "scorched-earth campaign" to derail its $111 billion acquisition of Warner Bros. Discovery.
Paramount Skydance (NASDAQ:PSKY) has reportedly alleged that Netflix Inc.
(NASDAQ:NFLX) is attempting to undermine its proposed $110 billion acquisition of Warner Bros.
Discovery (NASDAQ:WBD).
Paramount Counters Union Criticism Paramount, in a letter to the U.S.
Department of Justice, accused Netflix of initiating a "scorched-earth campaign" against the acquisition.
In a letter to the Justice Department, Paramount Skydance’s top lawyer also pushed back on concerns about the economic…
Paramount Skydance chief lawyer Makan Delrahim claimed Netflix is so worried about the prospect of competing with a merged…
In a letter to Warner Bros. CEO David Zaslav, attorneys for Paramount said the entertainment giant is favoring a rival bid from…
Paramount also files lawsuit seeking disclosure of financial information related to $82.7bn agreement
What to know about Netflix and Paramount Skydance's blockbuster battle over Warner Bros Discovery.
It is the same bid that Warner Brothers rejected in favour of the offer from Netflix last week.
