Netflix has been hit with a consumer lawsuit seeking to block the online video giant's planned $72 billion acquisition of warner bros discovery’s studio and streaming businesses. Consumer lawsuit targets netflix’s $72b warner bros deal, claiming it would kill competition and give netflix control of major franchises. Netflix (nflx.o), opens new tab has been hit with a consumer lawsuit seeking to block the online video giant’s planned $72 billion acquisition of warner bros discovery’s (wbd.o), opens new tab studio and streaming businesses
The proposed class action, opens new tab was filed on monday by a. Discovery’s studio and streaming business Discovery’s studio and streaming businesses in a blockbuster.
Discovery assets, an hbo max subscriber sued netflix on monday to prevent the merger from happening. Netflix has been hit with a consumer lawsuit following the streaming giant’s us$72 billion acquisition of warner bros