Category

Business

Category

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. In a fiery letter to the Justice Department obtained by NBC News, Paramount Skydance Chief Legal Officer Makan Delrahim excoriated Netflix for what he called a “panic-level response” to the merger that illustrates “just how seriously Netflix takes Paramount as a scaled competitor.” Paramount’s letter was sent to the Justice Department on Friday and first reported by Politico. In response to a request for comment, a Netflix spokesperson said that “these claims from Paramount Skydance are absurd.” “We walked away from this deal months ago and remain focused on our own business, not theirs,” the spokesperson added. “Ultimately, it’s up to the regulators to approve this deal and determine if it is in the best interest of the industry and…