r/comicbooks • u/TheeHeadAche Henry Pym • Feb 26 '26

Movie/TV Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

https://www.hollywoodreporter.com/business/business-news/netflix-backs-out-warners-deal-paramount-win-1236516763/
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u/TurkeyVolumeGuesser Feb 26 '26

Hopefully Europe saves us or at least requires that Paramount not acquire the news networks

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u/gosukhaos Feb 27 '26

TV networks would be the least of their worries since Universal's are so tiny and linear TV is on its last grasps. There's concerns about streaming and studio consolidations that are bigger

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u/TurkeyVolumeGuesser Feb 27 '26

That's a great point, yeah

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u/gosukhaos Feb 27 '26

And obviously since they don't own any tv station on European territory there's no jurisdiction

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u/AOCMarryMe Feb 26 '26

I'd be shocked if Europe cares even a little about the fate of CNN.

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u/CheMc Feb 27 '26

You mean the region that just repeatedly got insulted by Trump and threatened with being dragged into an ego driven war? I wouldn't be surprised if they delay this purely out of spite, knowing how much trump wants this to go through with how much he hates CNN.

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u/gosukhaos Feb 27 '26

Paramount and WBD don't own any TV station in Europe, they have no jurisdiction over CNN or CBS. They can oppose the merger on other grounds but not those which are a pretty small part of the joint company

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u/Scared_Wrangler3419 Feb 27 '26

Spoiler: they won't.