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Elizabeth Warren: “Warner Bros. Also owns [Discovery, making it] the fourth…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Netflix Buying Warner Bros, Paramount's Hostile Bid: What Does It All Mean for You?

Published | Video Starts at 00:32

That is the media giant that also owns a major Hollywood studio for producing movies. The. The iconic HBO brand, HBO Max. All of that, combined with Discovery, which Warner Bros. Also owns [Discovery, making it] the fourth largest streaming service in America. Last week, Warner Brothers announced that Netflix had won the bidding war. But now Paramount is launching what's called a hostile bid to swoop in and try to elbow out Netflix. (00:32–00:39)

CLAIM

Asserts that Warner Bros., combined with Discovery, is the fourth largest streaming service in the U.S.

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