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The Journal.
Netflix’s Fight for Warner Just Got Harder

It'll have two streaming services, Netflix and HBO Max.

The Journal.
Netflix’s Fight for Warner Just Got Harder

It'll have a giant movie studio plus, you know, the movies that Netflix makes, tons of valuable IP from Superman to Harry Potter to Stranger Things.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Could you talk about the antitrust concerns?

The Journal.
Netflix’s Fight for Warner Just Got Harder

Because the government will have to review this deal in order for it to go through.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Yeah, I remember that.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Netflix co-CEO Ted Sarandos said Friday that the company is highly confident the deal will win approval because it's, quote, If the Netflix deal goes through, would it mean that Netflix has pretty much taken over Hollywood?

The Journal.
Netflix’s Fight for Warner Just Got Harder

President Donald Trump was asked about the Netflix deal at an event on Sunday, and he expressed some skepticism.

The Journal.
Netflix’s Fight for Warner Just Got Harder

But essentially at this moment, Warner is sitting there looking between two suitors and has to decide which one it thinks is the most attractive?

The Journal.
Netflix’s Fight for Warner Just Got Harder

And what would it mean for us binge TV watchers, for everyone on our couches?

The Journal.
Netflix’s Fight for Warner Just Got Harder

I guess either way, though, it seems very possible that there's going to be less competition with this type of consolidation.

The Journal.
Netflix’s Fight for Warner Just Got Harder

All right, Joe, I know you've got a busy day, so I really appreciate your time.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Sure, sure.

The Journal.
Netflix’s Fight for Warner Just Got Harder

That's all for today.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Monday, December 8th.

The Journal.
Netflix’s Fight for Warner Just Got Harder

The Journal is a co-production of Spotify and The Wall Street Journal.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Additional reporting in this episode by Lauren Thomas.

The Journal.
Netflix’s Fight for Warner Just Got Harder

Thanks for listening.

The Journal.
Netflix’s Fight for Warner Just Got Harder

See you tomorrow.

The Journal.
The Download That Led to a Massive Hack at Disney

Where does this story start?

The Journal.
The Download That Led to a Massive Hack at Disney

Where does this story start?