CrimsonPhantom
CUSA Curator
Posts: 62,748
Joined: Mar 2013
Reputation: 3188
I Root For: NM State
Location: |
RE: End of CNN as We Know It
(02-26-2026 07:15 PM)CrimsonPhantom Wrote: Quote:Paramount Skydance and Netflix have been in a bidding war for Warner Bros. Discovery and now Netflix has lost that war, saying that the latest offer made by their rival was a "superior proposal." Paramount, headed by David Ellison, will acquire the entire company whereas Netflix was only seeking streaming, HBO, and their film studio.
"The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we've always been disciplined, and at the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid," said Netflix CEO Greg Peters in a statement.
"Warner Bros. is a world-class organization, and we want to thank David Zaslav, Gunnar Wiedenfels, Bruce Campbell, Brad Singer and the WBD Board for running a fair and rigorous process. We believe we would have been strong stewards of Warner Bros.' iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the U.S. But this transaction was always a 'nice to have' at the right price, not a 'must have' at any price," the statement continued.
"Netflix's business is healthy, strong and growing organically, powered by our slate and best-in-class streaming service. This year, we'll invest approximately $20 billion in quality films and series and will expand our entertainment offering. Consistent with our capital allocation policy, we'll also resume our share repurchase program.
"We will continue to do what we've done for more than 20 years as a public company: delight our members, profitably grow our business, and drive long-term shareholder value," Peters concluded.
https://thepostmillennial.com/breaking-n...gotiations
TAMPONS In Netflix Men’s Room TORPEDO Bid To Takeover Warner Bros: Report
Quote:Netflix’s aggressive bid to swallow Warner Bros. Discovery hit a wall last week, with a “tampon incident” playing a key role in turning Republican lawmakers against the deal.
As details emerge, it’s clear the virtue-signaling stunt of stocking men’s restrooms with feminine hygiene products highlighted Netflix’s unyielding commitment to radical transgender ideology, even as they begged for political approval in a post-woke era.
The drama unfolded during a congressional delegation’s visit to Netflix headquarters in Los Angeles several weeks ago, part of an annual tour around Grammy Awards time. Among the attendees was Rep. Jason Smith (R-Mo.), chairman of the House Ways and Means Committee, a skeptic of Netflix’s claims to political neutrality.
The New York Post reports that while on the premises, Smith noticed a basket of tampons in the men’s restroom—a common tech company gesture to promote “inclusivity” for transgender employees.
But for conservatives, such moves symbolize efforts to normalize transgenderism, with ripple effects like encouraging harmful surgeries on children, eroding the nuclear family, and allowing biological males to dominate women’s sports.
“Let’s just say the chairman was pretty disturbed,” an insider familiar with Smith’s reaction told the Post.
The incident quickly rippled through Capitol Hill, reinforcing GOP suspicions that Netflix’s programming remains steeped in woke values. As one GOP staffer with firsthand knowledge put it: “This is 2026, not 2020. What were they thinking?”
Netflix CEO Ted Sarandos had been mounting a charm offensive, including a Senate Judiciary antitrust subcommittee grilling last month by Sen. Mike Lee (R-Utah). Sarandos insisted Netflix appeals to all tastes and faces stiff competition from social media and YouTube.
“Price wasn’t Sarandos’ only obstacle,” noted New York Post columnist Charles Gasparino. “During the six-month bidding war, many Republicans in Congress, state AG offices and of course the White House came to believe that Netflix was seeking to create a monopoly in streaming — an increasingly important way Americans consume entertainment.”
Gasparino added that most Republicans “believe [woke] values are front and center in Netflix’s programming, and the tampon incident, as it filtered through the halls of Congress, became proof that the company wasn’t changing its politics.”
Conservative advocacy groups have long documented Netflix’s bias, with content pushing transgenderism, DEI mandates, and other cultural-left staples—often in kids’ programming. Sarandos and co-founder Reed Hastings are major Democrat donors, while board member Susan Rice, a former Obama official and vocal Trump critic, made podcast remarks bashing Trump-associated businesses, further alienating the White House.
The deal’s collapse came after Paramount Skydance upped its hostile bid to $80.5 billion, trumping Netflix’s $73 billion offer. Sarandos pulled out, stating: “This transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.” Netflix’s stock plunged $200 billion during the saga but rebounded post-withdrawal.
For wider context, President Trump weighed in on the antitrust scrutiny, highlighting the merged entity’s “very big market share” and vowing involvement in the decision. This echoes broader concerns that the merger would stifle competition and amplify leftist narratives, as detailed in recent analyses warning of the “end of the Golden Age of streaming.”
This isn’t Netflix’s first brush with controversy over injecting radical ideology into entertainment. As we’ve covered extensively, the streamer has a track record of demonizing traditional values while promoting ‘progressive’ propaganda.
Full article includes examples of Netflix's progressive push>>>
|
|
