In this articleIRBTMedianews Group/boston Herald Via Getty Images | Medianews Group | Getty ImagesLos Angeles resident Ruth Horne, 76, enticed by a bargain, bought what she thought was a Roomba to vacuum her house, but the experience ended in frustration."It kept getting stuck somewhere and would then just go around in circles," Horne said. She realized it was a cheaper knock-off. Meanwhile, Marcy Lewis, 75, of Madeira, Ohio, had been wanting a robot vacuum cleaner and deliberately chose a knock-off. "I'm p ...

Visa and Mastercard have agreed to pay a combined $167.5m to settle a class-action lawsuit accusing them of conspiring to keep ATM access fees artificially high. The proposed settlement was filed on Thursday in the federal district court in Washington and requires a judge’s approval.The accord would pay potentially millions of ATM users who were charged an unreimbursed access fee to withdraw cash from independent, non-bank ATMs. Visa would contribute about $88.8m and Mastercard about $78.7m to a settlement ...

and you guys will uh will join in this as well. But certainly very happy to have Greg Peters, the co-CEO of Netflix, join us now on a morning in which of course their deal to acquire uh Warner Brothers Discovery has been reaffirmed essentially by the Warner board. You heard from Sam Dipazo ear uh just a little while ago uh right here.Greg, great to have you with us this morning. Thank you. Um >> good to be here.love to start with antitrust because it has been one of the key risks seen for both your deal and ...

收购要约与竞争格局 - 华纳兄弟探索公司董事会预计将建议股东拒绝派拉蒙1080亿美元（810亿英镑）的敌意收购要约 [1][2] - 派拉蒙的现金收购报价为每股30美元（22.50英镑），比其竞争对手的出价多出现金180亿美元（135亿英镑） [8] - 此前，Netflix已与华纳达成一项价值720亿美元（540亿英镑）的收购交易，每股作价27.75美元 [2][6] 潜在交易影响与资产 - 若Netflix交易成功，流媒体巨头将获得华纳旗下《哈利·波特》、《蝙蝠侠》、《权力的游戏》等热门特许经营权以及大量经典电影库的版权 [2] - 若派拉蒙交易成功，竞争对手美国新闻频道CBS和CNN将被纳入同一母公司旗下 [8] - 这场收购战的赢家将在流媒体战争中获得巨大优势 [5] 交易相关方与动态 - 由贾里德·库什纳拥有的投资公司Affinity确认已退出对派拉蒙收购要约的财务支持，称“投资动态已发生重大变化” [1] - 此前，Affinity与沙特阿拉伯及其他中东国家的资金共同支持了派拉蒙的收购要约 [1] - 华纳公司于6月宣布计划分拆为两家公司：一家负责电视、电影工作室和HBO Max流媒体服务，另一家负责以卡通、新闻和体育为主的传统电视频道业务 [5] 交易进程与监管 - 派拉蒙的报价直接面向股东提出，要求他们拒绝Netflix的交易，构成敌意收购 [8] - 美国政府将对最终交易拥有很大发言权，胜出公司很可能面临司法部反垄断部门的审查 [11]

Netflix Inc. co-Chief Executive Officers Greg Peters and Ted Sarandos tried to reassure employees’ concerns about the company’s bid for much of Warner Bros. Discovery Inc., reiterating that there is no business overlap and therefore won’t be any studio closures.“This is going to be a complex process over the next year or so,” the executives said in a letter posted to the company’s internal blog and published in a securities filing.Netflix’s $82.7 billion bid for Warner Bros. streaming and studios businesses ...

Would buying Warner Bros. give Netflix too much power? The streaming giant is telling regulators it won't, and antitrust experts say the answer ultimately depends on how you define who Netflix competes with.Does Netflix compete with only paid streaming services, a market where it dominates? What about the TV dinosaurs it disrupted, or the social video services nipping at its heels? Could sleep even be a competitor, as its cofounder Reed Hastings famously suggested? Rival suitor Paramount Skydance has slam ...

Let's go inside out on this name. Joining us now is James Chinowski. Thanks so much for joining us.Head of emerging tech consumer choice center. So, what do you make of all of this sort of soap opera and drama that's been playing out in the media world. >> Yeah, thank you for having me.I think that it's a fascinating development watching the battle unfold over the last week now between Netflix and now Paramount looking to go and acquire Warner Brother Films and the broader company. In the case of Paramount, ...

Netflix co-CEOs Ted Sarandos and Greg Peters laid out their case for acquiring Warner Bros. Discovery — attempting to calm nerves in Hollywood even as they face a rival hostile bid from Paramount Skydance.In a letter to employees, the two bosses moved to ease fears over job cuts and concerns that the deal will eventually lead to the end of theatrical releases. In the past, Sarandos described going to the cinema as an “outdated” experience.“We haven’t prioritized theatrical in the past because that wasn’t ou ...

收购交易核心信息 - Netflix宣布计划以827亿美元收购华纳兄弟探索公司(WBD) [1] - 该交易在好莱坞引发震动 行业反应普遍负面 引发对就业、影院上映未来以及影视内容多样性表达的担忧 [1] 交易方声明与战略意图 - Netflix联合首席执行官Greg Peters和Ted Sarandos在致员工公开信中安抚担忧 承诺维持WBD电影的影院上映 并称将“没有业务重叠或工作室关闭” [2] - 公司高层表示“交易关乎增长” 旨在“加强好莱坞最具标志性的工作室之一 支持就业 并确保影视制作的健康未来” [2] - 为反驳垄断担忧 公司高层引用尼尔森数据称 合并后的Netflix与WBD所占收视份额将低于YouTube当前水平 也低于Paramount与WBD合并可能产生的份额 [6] 行业竞争与潜在替代方案 - Paramount曾提出1084亿美元的竞争性报价以收购WBD 表明媒体主导权之争远未结束 [7] - 据报道 WBD董事会拒绝了Paramount的收购条款 [7] 监管与行业反对声音 - 美国编剧工会(WGA)成为交易的公开反对者 认为其违反了旨在防止垄断的反垄断法 [2] - 参议员Elizabeth Warren、Bernie Sanders和Richard Blumenthal致信司法部反垄断部门 表达对娱乐业大规模合并潜在影响的担忧 [3] - 参议员们认为 合并后的新媒体巨头将拥有“比现有公司更大的市场力量来提高消费者的电视成本” 并提及Netflix去年1月已上调订阅价格 [4]

收购要约与交易结构 - 派拉蒙提出以每股30美元的全现金要约收购华纳兄弟探索公司全部资产 这被公司称为“更优越”的收购方案 [2] - Netflix此前已与华纳兄弟探索公司达成协议 以每股27.75美元的现金加股票交易方式收购其影视工作室和流媒体平台HBO Max [2] - 派拉蒙的收购目标包括华纳兄弟探索公司的全球网络部门 该部门包含CNN和其他有线电视资产 而Netflix目前仅计划收购工作室和流媒体部门 [5] 反垄断监管挑战 - 反垄断法律专家指出 无论Netflix还是派拉蒙的收购方案 在流媒体业务方面都将面临类似且重大的反垄断审查挑战 [1][3][4] - 尽管派拉蒙在流媒体市场份额小于Netflix 但其市场份额仍足够大 导致合并后的公司会受到监管机构的密切关注 [5] - 监管审查不仅限于美国 欧盟和其他司法管辖区的监管机构也会审查此次收购 不同地区的监管要求可能存在差异 [15] 市场定义与竞争分析 - 在评估交易对传统新闻媒体的影响时 法院可能会将X、Substack和播客等新媒体平台纳入整体市场定义中进行权衡 [6] - 从技术性反垄断角度看 交易在新闻业务方面引发的问题可能小于流媒体业务方面 [9] - 相关市场可能被定义为更广泛的媒体市场 而不仅仅是传统媒体 [9] CNN在交易中的角色 - 前总统特朗普公开表示 任何收购华纳兄弟探索公司的交易都必须包含CNN 并批评了CNN的管理层 [10] - 专家建议 如果Netflix希望交易获得批准 可能需要考虑将CNN纳入收购范围 甚至可以在交易完成后将其出售 [12][13] - 派拉蒙同时控制CBS新闻和CNN 将在传统媒体领域获得强大的市场份额 [6] 交易时间线与流程 - 此类大型并购交易通常需要1到2年时间才能获得监管批准 [14] - 在获得批准后 通常还有一段时间来完成交易的交割 [14]