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. 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 Discovery’s studio and streaming operations 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 Acquisition faces backlash from lawmakers and industry groups over competition and consumer choice concerns. A major deal between netflix and warner bros has sent shock waves through hollywood and sparked backlash.
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