netflix

Trump Questions $72bn Netflix–Warner Bros Megamerger

Trump Questions $72bn Netflix–Warner Bros Megamerger

December 9, 2025 3:38 am

President Donald Trump signaled on Sunday that Netflix’s planned $72 billion acquisition of Warner Bros Discovery could face resistance from his administration, raising the stakes for what would become one of the most consequential entertainment mergers in decades.

Speaking at the Kennedy Center in Washington, Trump said Netflix already commands “a very big market share,” and warned that its dominance “would go up by a lot” if the deal goes through. While he praised Netflix co-CEO Ted Sarandos — calling him “a great person” who has done “one of the greatest jobs in the history of movies” — Trump made …

Netflix’s Bold $72bn Bet On Warner Bros

Netflix’s Bold $72bn Bet On Warner Bros

December 5, 2025 2:38 pm

Netflix is making the biggest gamble in its history: a $72bn deal to acquire the film and streaming businesses of Warner Bros Discovery. The agreement, approved unanimously by both companies’ boards, positions Netflix at the centre of a dramatic shift in Hollywood’s balance of power.

The streaming giant outbid Comcast and Paramount Skydance after a long contest, securing control of some of the world’s most valuable entertainment assets. Warner Bros brings with it storied franchises like Harry Potter, Game of Thrones, and the global reach of HBO Max—brands that have shaped modern pop culture.

Netflix co-chief executive Ted Sarandos said …

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

October 22, 2025 6:12 am

Warner Bros Discovery has turned down a nearly $60 billion all-cash offer from Paramount Skydance, as the entertainment giant begins exploring other strategic options, including a potential split of its major businesses.

Reuters first reported that the Warner Bros Discovery board rejected the proposal, valued at about $24 per share. The bid covered the company’s extensive assets, including Warner Bros film and television studios, CNN, HBO Max, and a portfolio of cable channels. Shares of Warner Bros Discovery jumped 11% on Tuesday following the news.

In a statement released Tuesday, Warner Bros Discovery confirmed that it would evaluate a range …

Valencia Sues Netflix Over “Baila, Vini” Subtitles Dispute

Valencia Sues Netflix Over “Baila, Vini” Subtitles Dispute

October 1, 2025 10:01 am

Valencia CF has officially filed a lawsuit against Netflix and production company Conspiração Filmes over allegedly inaccurate subtitles in the documentary “Baila, Vini”, claiming the misrepresentation damages its honour and the reputation of its supporters.

The legal move follows public demands for correction after the club asserts the documentary wrongly shows Valencia fans chanting “mono, mono” (Spanish for “monkey, monkey”) directed at Vinícius Jr., instead of the actual chant “tonto, tonto” (“stupid, stupid”) heard in the stadium.

The controversy centers on footage from a match at Valencia’s Mestalla Stadium on 21 May 2023, where Vinícius Jr. was subject to abuse …

Netflix, Realness Institute Announce 12 Participants For 2022 Traineeship

Netflix, Realness Institute Announce 12 Participants For 2022 Traineeship

May 6, 2022 6:45 am

Realness Institute, in partnership with entertainment streaming platform, Netflix, has selected 12 participants for the 2022 Episodic Lab (EPL) and Development Executive Traineeship (DET).

Realness Institute, a non-profit organisation, aims to empower Africans to tell their stories from an unapologetically African point of view.

Realness Institute stated this in a statement by Rick Nwanso of Presêth Communications on Thursday in Lagos.

Read Also: Netflix Begins Movie Production Training For Nigerians

According to the statement, the successful applicants were drawn from a competitive pool of 200 submissions from an open call, which closed on 21 January 2022.

“EPL and DET

…
FG Congratulates Mo Abudu On Netflix Deal

FG Congratulates Mo Abudu On Netflix Deal

June 13, 2020 2:23 pm

The Federal Government has congratulated media entrepreneur and filmmaker Mo Abudu over her partnership with leading global streaming service Netflix to create two original series as well as multiple Netflix-branded films.

In a statement issued in Abuja on Friday, by his SA on media, Segun Adeyemi, the Minister of Information and Culture, Alhaji Lai Mohammed, said the partnership, for on-screen adaptation of Wole Soyinka’s ‘Death and The King’s Horseman’ and Lola Shoneyin’s ‘The Secret Lives of Baba Segi’s Wives’, adds another feather to Mo Abudu’s already well-adorned creative cap.

For criticising Lai Mohammed, court remands Osun-based poet Nigeria’s Anthony …

Netflix Overtakes ExxonMobil In Stock Value

Netflix Overtakes ExxonMobil In Stock Value

April 18, 2020 6:48 am
Netflix, the online movie streaming giant is now more valuable than ExxonMobil, the American oil giant.

Netflix soared above the oil company because of the coronavirus pandemic, which has sent its share value to new highs.

According to Business Insider, Netflix stock gained 3% on Thursday to roughly $439 per share, bringing its market capitalisation to about $183 billion at market close.

Read Also: Netflix Commits $100m To Help Out Of Work Actors, Crews

In contrast ExxonMobil fell more than 3% to $39.15 per share, bringing its market value to about $175 billion at the end of the trading day.…

Netflix Commits $100m To Help Out Of Work Actors, Crews

Netflix Commits $100m To Help Out Of Work Actors, Crews

March 21, 2020 9:59 am

Streaming television giant Netflix on Friday launched a $100 million fund to help actors and production crews endure the hit to paychecks caused by the coronavirus pandemic.

The fund is meant to help offset hardship in the “creative community,” with most of the money going to financially troubled workers on Netflix productions around the world, according to Netflix chief content officer Ted Sarandos.

“This community has supported Netflix through the good times, and we want to help them through these hard times, especially while governments are still figuring out what economic support they will provide,” Sarandos said in an online …

Why Nollywood Can’t Be Too Excited About Netflix

March 1, 2020 9:40 am

Netflix has been wooing Nollywood stylishly for a while now; from streaming Nollywood movies from as early as 2016 to purchasing Genevieve Nnaji’s ‘Lion Heart’ in 2019.

On Tuesday, Feb. 26, Netflix officially announced its presence in Nigeria and the response since has been positive, as expected. Filmmakers are already counting their returns, writers excited that they will finally be paid better and actors reeling over the possibility of worldwide recognition.

The next couple of months will be identical. Filmmakers trying to pitch their ideas to the network; a large feeling of elitism will reign over the creatives already commissioned …

Netflix

Netflix Unveils First Nigerian Drama Series

February 28, 2020 4:09 am
Netflix, which has set up an office in Nigeria, has unveiled its first Nigerian original – a six-part drama series from Vaya director, 45 year-old Akin Omotoso.

The movie which has no title yet, will be directed by Omotoso, Daniel Oriahi and CJ Obasi, Deadline reported.

Lined up to star in the movie are Kate Henshaw and Ade Laoye, among other Nollywood stars.

Akin Omotoso: to produce new Nigerian film for Netflix

The series is set in contemporary Nigeria and shot in Lagos. It tells the story of Kemi, a goddess reincarnated as a human to avenge her sister’s …

NETFLIX

Netflix Launches Nigerian Twitter Account

February 26, 2020 5:21 am

 

Movie streaming giant, Netflix has officially announced its presence in Nigeria with a Nigerian twitter account, launched on Tuesday.

The platform took fans by surprise when the tweet, “Naija how far” surfaced from @Netflixnaija.

Netflix is an American streaming platform whose primary business is its subscription-based streaming service which offers online streaming of a library of films and television programs, including those produced in-house.

Read Also: Netflix Stands Tall Against Competition With 8.8 Million

As of April 2019, Netflix had over 148 million paid subscriptions worldwide, including 60 million in the U. S., and over 154 million subscriptions total …

Apostle Suleman Blasts Netflix Over Gay Jesus

December 16, 2019 4:29 am

Nigerian televangelist and the senior pastor and general overseer of Omega Fire Ministries International, Apostle Johnson Suleman has asked christians to boycott an American media-services provider and production company, Netflix over a new Netflix Christmas Special titled “The First Temptation Of Christ”, which shows Jesus Christ in a gay relationship and Mary as a weed-smoker, has angered millions all over the world.

According to Suleman ; “The glory of present day cinema is Netflix..but since they have decided to blaspheme, its crash is inevitable..you want to do a film ‘gay Jesus’?…its the beginning of your end..we are not cowards cause …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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