The Netflix-WBD deal is going through the US regulatory process, and it's the DOJ that has the power to block the merger.
Warner Bros. Television is licensing comfort food sitcoms, long-running dramas, and more to Netflix en masse ahead of the big buyout.
Warner Bros. is sending mixed signals when it comes to their longest running franchise, the Looney Tunes. They spent a boatload of money on Space Jam: A New Legacy which premiered on HBO Max in 2021.
When news broke that Netflix wanted to purchase Warner Bros. Discovery Inc. studios, the film industry responded in horror.