James Cameron was certainly helping out David Ellison when penning a Feb. 10 letter to Sen. Mike Lee (R-Utah) opining as to why it would be disastrous for the movie business if Netflix were to close its $82.7 billion deal to buy Warner Bros.
The merger battle has intensified on all fronts in recent days, capped by Paramount — which began plotting a hostile takeover when the Warner Bros. Discovery board went with Netflix’s bid in December — submitting a sweetened offer that puts it back in the race to buy all of Warners if the board decides it is a “company superior offer.”
Meanwhile, Netflix co-CEO Ted Sarandos is off to Washington, D.C., for a meeting Thursday at the White House, sources confirm. Trump’s schedule lists a 3 p.m. ET private meeting in the Oval Office that is closed to the press.
The most revealing spat in terms of Hollywood circles…
