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BumRushDaShow

(168,021 posts) Wed Feb 25, 2026, 08:18 PM 12 hrs ago

Eleven US states urge DOJ to thoroughly probe Netflix-Warner Bros. deal

Source: Reuters

February 25, 2026 11:13 AM EST Updated 4 hours ago

Feb 25 (Reuters) - Republican attorneys general from 11 U.S. states have urged the U.S. Department of Justice to conduct a thorough review of Netflix's bid to acquire studio and streaming assets from Warner Bros., saying the deal threatens U.S. dominance in movies.

The pressure is mounting on Netflix to find its way through regulatory hurdles and make a better offer after Warner Bros Discovery (WBD.O) opened the door to consider Paramount Skydance's (PSKY.O), opens new tab increased bid of $31 per share.

The letter dated February 24 is part of an onslaught of criticism of the deal by U.S. lawmakers, where otherwise pro-business Republicans have levied harsh criticisms. But Netflix faces stiffer political headwinds in Washington, D.C., where Paramount Chief Executive David Ellison's father, billionaire Oracle (ORCL.N) co-founder Larry Ellison, has cultivated a close relationship with President Donald Trump.

David Ellison attended Trump's State of the Union address on Tuesday night as the guest of Senator Lindsey Graham, a Republican from South Carolina, Graham posted on social media site X. Nebraska and Montana led the group of states urging the DOJ to scrutinize how the deal would affect customers of streaming services, as well as the market for theatrical movie releases.

Read more: https://www.reuters.com/world/11-us-states-urge-doj-thoroughly-probe-netflix-warner-bros-deal-2026-02-25/

6 replies

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Highlight:

Eleven US states urge DOJ to thoroughly probe Netflix-Warner Bros. deal (Original Post) BumRushDaShow 12 hrs ago OP

This is a pretense by Trump ass kissers Frasier Balzov 12 hrs ago #1

Bullshit to steer WB to Ellison's Paramount, owner of CBS NCDem47 11 hrs ago #2

Gods... HOW do we rid ourselves of all these billionaires?! slightlv 11 hrs ago #3

Great Villains of History bmichaelh 11 hrs ago #4

Since when does the US Dept. of Justice approve corporate mergers and buyouts? FakeNoose 11 hrs ago #5

"Since when does the US Dept. of Justice approve corporate mergers and buyouts?" BumRushDaShow 4 hrs ago #6

Frasier Balzov

(4,975 posts)

1. This is a pretense by Trump ass kissers

Reply to BumRushDaShow (Original post)

Wed Feb 25, 2026, 08:37 PM

12 hrs ago

to prevent a merger unless it further enhances the power of Trump ass kissers.

NCDem47

(3,394 posts)

2. Bullshit to steer WB to Ellison's Paramount, owner of CBS

Reply to BumRushDaShow (Original post)

Wed Feb 25, 2026, 09:09 PM

11 hrs ago

Further RW consolidation in media.

slightlv

(7,648 posts)

3. Gods... HOW do we rid ourselves of all these billionaires?!

Reply to BumRushDaShow (Original post)

Wed Feb 25, 2026, 09:12 PM

11 hrs ago

bmichaelh

(1,125 posts)

4. Great Villains of History

Reply to BumRushDaShow (Original post)

Wed Feb 25, 2026, 09:33 PM

11 hrs ago

Saw a documentary called The Great Villains of History

One segment was about John D. Rockefeller.

When Standard Oil was busted up, he made even more money.

If some future President came up and busted up all of these media conglomerates, these billionaires will make even more money.

Tax them.

FakeNoose

(41,073 posts)

5. Since when does the US Dept. of Justice approve corporate mergers and buyouts?

Reply to BumRushDaShow (Original post)

Wed Feb 25, 2026, 09:35 PM

11 hrs ago

Since when do state Attorneys General have anything to say about corporate activities happening outside their own states? This is just bizarre and a completely obvious political move.

They are kissing Chump's big fat ass and nothing more.

Thirteen years ago Kraft Foods of Chicago purchased H.J. Heinz, closed a dozen factories in Pittsburgh and put over 10,000 Pittsburghers out of jobs. Did any state Attorneys General write letters to the Dept. of Justice about that? No I didn't think so.

BumRushDaShow

(168,021 posts)

6. "Since when does the US Dept. of Justice approve corporate mergers and buyouts?"

Reply to FakeNoose (Reply #5)

Thu Feb 26, 2026, 04:01 AM

4 hrs ago

DOJ is part of the approval process (Anti-trust unit) in partnership with the FTC.

The FTC has a summary of the procedures that need to happen when companies want to merge -

Premerger Notification and the Merger Review Process

And aside from Warren Buffett's Berkshire Hathaway being involved, this merger was yet another private equity FAIL brought to you by 3M Capital.

Same idiotic song, same idiotic verse, a little bit louder and a whole lot worse (from 7 years ago) -

Kraft Heinz backer 3G Capital faces reality: Brutal cost-cutting isn’t enough

Published Fri, Feb 22 2019 11:09 AM EST Updated Fri, Feb 22 2019 12:56 PM EST

Lauren Hirsch
@laurenshirsch

Key Points

(snip)

Much of Kraft Heinz’s management comes from 3G Capital, rather than being food industry veterans.

(snip)

You also had that merged company attempt to buy Unilever just a few years after the initial merger, so they could become one of the largest food companies in the world.

It's all GREED and bragging rights rather than selling a quality product and gaining customers.

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