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. Netflix planned to fund the cash portion with about $50.0 billion in new debt 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. District court for the northern district of california, was brought by. Streaming service platform netflix inc
A major deal between netflix and warner bros has sent shock waves through hollywood and sparked backlash. Netflix finds itself in the crosshairs of a consumer lawsuit that aims to block its proposed $72 billion acquisition of warner bros discovery’s studio and streaming operations, marking the latest challenge to what would be one of the largest mergers in entertainment history The proposed class action, filed monday in u.s