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. A major deal between netflix and warner bros has sent shock waves through hollywood and sparked backlash. 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. Acquisition faces backlash from lawmakers and industry groups over competition and consumer choice concerns. A consumer complaint has been filed against netflix in an attempt to stop the online video behemoth’s proposed $72 billion acquisition of warner bros
Analysts view the acquisition as a defensive move against youtube and tiktok’s growing influence among younger. 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's $72 billion warner bros
