On today’s episode of “Daily Variety” podcast, Variety’s Gene Maddaus discusses the opposition in the entertainment industry that has assembled to fight Netflix’s proposed acquisition of Warner Bros. and HBO. And Alex Ritman reports on the scene at the Red Sea Film Festival in Jeddah, Saudi Arabia.
Maddaus, Variety‘s senior media writer, says the opposition to Netflix’s acquisition of Warner Bros. is tied up in the economic squeeze that the creative community has felt in the post-pandemic era. Maddaus notes that the industry groups may not have the clout to derail the $82.7 billion transaction, but they can still have an impact by forcing discussion on issues of concern
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