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Elizabeth Warren: “Warner Brothers announced that Netflix had won the bidding…”

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 00:39

The. The iconic HBO brand, HBO Max. All of that, combined with Discovery, which Warner Bros. Also owns, it is 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. Remember, this entire Warner Brothers bidding war raises red flags. Why? (00:39–00:45)

CLAIM

Asserts that Netflix won the bidding war for Warner Brothers.

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