Warner’s leadership has rebuffed Paramount’s overtures again and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion. Warner expressed concerns that the Paramount bid would essentially be a leveraged buyout, which includes a lot of debt. A merger with either company could take over a year to close — and will attract tremendous antitrust scrutiny along the way. FRANCE 24’s Yuka Royer takes a look.
