S6, E262 - WARNER BROS CRISIS: Class Action Lawsuit & The $108B Hostile Takeover (Dec 15 Update)
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It is Monday, December 15th, and the battle for Hollywood has officially gone nuclear.
What started as an $82 billion acquisition by Netflix has morphed into a $108 billion hostile takeover battle with Paramount Skydance. As of this morning, stocks are volatile, the government has frozen the deal, and a massive Class Action Lawsuit has just been filed to burn it all down.
In this Special Report from Privacy Please, we break down the chaos of the last 72 hours. We uncover the "National Security" weapon Netflix is using to kill the deal, the foreign money backing Paramount, and…
The skinny
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