DOJ casts wide net on Netflix's business practices in merger probe, WSJ reports - News Summed Up

DOJ casts wide net on Netflix's business practices in merger probe, WSJ reports


It also asked ‌how past mergers of studios ‍or distributors had affected competition for creative talent and sought information on how talent contracts vary ⁠between studios, WSJ said. Steven Sunshine, a lawyer representing Netflix, said the company believes the department is conducting a standard review of its proposal. "We have not been given any notice or seen any other sign that the DOJ is conducting a separate monopolization investigation," Sunshine said. The DOJ investigation ‍is at an early stage, according to the WSJ report. The WSJ reported that the DOJ is also reviewing Paramount's proposed acquisition bid, which Warner Bros' board unanimously rejected by labeling it "inadequate" and "not in the best interests" of shareholders.


Source: Wall Street Journal February 07, 2026 17:35 UTC



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