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Paramount Skydance accused Netflix of trying to derail its $110 billion Warner Bros Discovery acquisition through outside opposition.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Paramount Skydance accused Netflix of running a scorched earth campaign
00:06to derail its $110 billion acquisition of Warner Brothers Discovery, NBC reported.
00:12In a letter sent to the Justice Department Friday, Paramount Chief Legal Officer Makan
00:16Delrahim called Netflix's opposition a panic-level response and accused it of waging a proxy war
00:23through groups including the International Brotherhood of Teamsters. The Teamsters had
00:27urged the Justice Department to block the deal, arguing it threatens workers.
00:32Netflix denied the claims, saying it walked away from the WBD bidding process months ago.
00:37The Teamsters did not immediately respond to NBC's request for comment on Tuesday.
00:42For all things money, visit Benzinga.com.
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