Tinseltown tussle: the battle for Warner Brothers

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• 00:15

  The Economist.

• 00:22

  Because a black a human life is cheap.

• 00:26

  Play it, Sam.

• 00:28

  Play as time goes by.

• 00:30

  Could this be the beginning of a beautiful friendship?

• 00:33

  You must remember this.

• 00:36

  A kiss is just a kiss.

• 00:39

  A sigh is just a sigh.

• 00:43

  Warner Brothers is the movie powerhouse behind Hollywood classics like Casablanca.

• 00:49

  But now, it's being lined up for a new story entirely.

• 00:56

  Netflix co-CEO Ted Sarandos announcing that the streamer will buy Warner Brothers studios,

• 01:02

  HBO Max, and HBO in a deal valued at nearly $83 billion.

• 01:07

  First, it seemed like Netflix had clinched the deal.

• 01:11

  But in a last-minute plot twist, Paramount went all in.

• 01:15

  Paramount has just announced a hostile takeover bid for CNN's parent company, Warner Brothers Discovery.

• 01:22

  This news coming just days after the company announced a deal with Netflix.

• 01:27

  Merging with Warner Brothers would deliver some big brands, like Harry Potter, Looney Tunes and Superman.

• 01:34

  But another leading man is taking a close interest.

• 01:37

  Netflix is a great company, and they've done a phenomenal job.

• 01:40

  Should they be allowed to buy Warner Brothers?

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