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 District court for the northern district of california, was brought by. 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. Streaming service platform netflix inc
Was sued in federal court by a consumer seeking to halt its proposed $82.7 billion merger with warner bros Netflix has been hit with a consumer lawsuit following the streaming giant’s us$772 billion acquisition of warner bros Discovery’s studio and streaming businesses in a blockbuster. The company faces a lengthy doj review and a possible lawsuit seeking to block the deal if it doesn’t adopt some remedies to get it cleared, analysts said.
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