Trump Calls on Netflix to Oust Susan Rice From Its Board
The New York Times • • general
Key Points:
- Former President Trump has publicly criticized Netflix board member Susan Rice, calling for her removal amid Netflix's bid to acquire Warner Bros. Discovery, labeling her a "political hack" due to her past government roles and political statements.
- Warner Bros. Discovery is currently the subject of a bidding war between Netflix, which offered $83 billion for a large portion of the company, and Paramount Skydance, which proposed a $108 billion offer for the entire company.
- Netflix is seeking regulatory approval for its deal, facing scrutiny from the Justice Department, while Paramount continues to pursue its bid, recently reopening talks with Warner Bros. and aiming to convince shareholders and regulators.
- Antitrust concerns have been raised about both acquisition proposals, with Paramount claiming its deal
