How Hollywood and Maga aligned over Warner Bros deal

Netflix has withdrawn from its proposed $82. 7 billion acquisition of Warner Bros Discovery after Paramount Skydance submitted a higher $111 billion counteroffer, stating the deal is no longer financially viable. The streaming giant faced significant political opposition from the Trump administration and conservative commentators who view Netflix as a liberal company with ties to the Obamas through a production deal, leading many to predict regulatory roadblocks.