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Warner Bros

Workers Caught Up In Warner Bros. Media Monopoly Battle

December 11, 2025 Chauncey K. Robinson, People's World. , , , ,
Hollywood, Calif.—Streaming media giant Netflix and Warner Bros. Discovery (WBD) announced on Dec. 5 that they had entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max, and HBO. The deal, valued at $82.7 billion, may have the companies’ investors ready to celebrate, but several labor unions and elected officials are sounding the alarm that the acquisition may be bad business for workers and consumers alike. Over the course of several weeks, a bidding war broke out between major media studios Netflix, Paramount Skydance, and a number of other large media conglomerates over which company would acquire part or all of WBD.
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