On Fox Business Network on Monday, Clete Williams rang the alarm bells on Paramount’s competitive bid for all of Wbd; Netflix currently has a deal in place for the Warner Bros.’ streaming and studios business, inclusive of HBO.
Netflix’s deal for WB is presently under regulatory review here and abroad. Williams told Fox Business anchor Liz Claman that it’s all “just ordinary course of business stuff.”
“Of course, the Department of Justice is going to investigate this transaction and make sure that it’s good for our economy and good for our consumers,” Williams said. “And my understanding is that they’ve sent similar inquiries about Paramount as well.”
Williams says Netflix is currently “engaging with state attorney generals.”
Nothing anticompetitive to see here, Williams said.
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