June 09, 2026
Stand-up comedian Adam Conover frames the ongoing media consolidation as an existential threat to an industry that made the US a cultural power
EU, Canada, California are also engaging with other companies
DOJ deepens antitrust review over competition and job concerns
Netflix has declined to match Paramount’s $31-per-share offer
Netflix exits Warner Bros takeover bid citing financial concerns
Paramount's new bid is for $31 per share
Members of WB’s board are discussing whether Paramount’s offer is better than its current deal with Netflix
He reverses course from last year, when he said he would review the deal
