Overview
- James Cameron urged Senate Antitrust Chair Mike Lee to oppose Netflix’s purchase of Warner Bros. Discovery, warning of theater closures, fewer films, and job losses.
- Ted Sarandos denied any plan for a 17-day window and said under oath he committed to a 45-day exclusive run for Warner Bros. films in theaters.
- Sarandos said he met Cameron on Dec. 20 and described the director as supportive of the 45-day plan, while accusing him of joining a Paramount “disinformation campaign.”
- Mark Ruffalo challenged Cameron’s stance, asking whether he also opposes a Paramount takeover and calling for consistent scrutiny of consolidation.
- WBD set a seven-day window for Paramount Skydance to submit a superior bid; Netflix’s agreed offer values the assets at about $82.7–83 billion, or $27.75 per share, with a shareholder vote set for March 20.