NEW YORK (AP) — Netflix’s $72 billion deal to acquire Warner Bros. studio has sparked reactions from the worlds of entertainment, politics and business. Michael O’Leary, CEO of Cinema United, warns that Netflix’s model could harm theaters and communities. U.S. Sen. Elizabeth Warren calls the deal an “anti-monopoly nightmare,” fearing higher prices and fewer choices. Former WarnerMedia CEO Jason Kilar believes it will reduce competition. And the Producers Guild of America said Friday that a key test for Netflix to pass is whether the deal “promotes opportunities for workers and artists, empowers consumers with choices, and upholds freedom of speech.”
Notable early reaction to Netflix’s deal to acquire Warner Bros.
