Netflix is reportedly preparing an all-cash bid to acquire Warner Bros. (WBD), amending the former $72 billion cash-and-stock deal made by the company in December.
LightShed Partners partner and media & technology analyst Rich Greenfield sits down with Market Catalysts host Julie Hyman to discuss the ins and outs of the ongoing bidding war and where Paramount stands in the race.
Also, Netflix struck a deal with actors Ben Affleck and Matt Damon for their film "The Rip," offering boosted pay if the film performs well on the streaming service. Greenfield also weighs in on why Netflix can be flexible with its economic models. He also touches on the emerging role of artificial intelligence in Hollywood.
#youtube #Netflix #mattdamon #benaffleck #warnerbros
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