Did Tom Cruise stop Netflix from buying Warner Bros?

Sources suggest Tom Cruise was furious about the idea and his strong opposition may have influenced Netflix's decision to withdraw from the bidding war for Warner Bros.

Why is Tom Cruise against streaming services taking over studios?

He reportedly fears that streaming services taking over major film studios would lead to the end of the movie industry as films would be streamed rather than released in cinemas.

Who is likely to acquire Warner Bros if not Netflix?

Following Netflix's withdrawal, Paramount is now in a position to potentially acquire Warner Bros in an £82 billion deal.

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Tom Cruise Battles Netflix For Cinema

28 Feb

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Summary

Cruise reportedly stopped Netflix takeover of Warner Bros.
He believes streaming threatens the future of cinemas.
Paramount may now acquire Warner Bros instead.

Tom Cruise has reportedly played a pivotal role in preventing Netflix from acquiring Warner Bros. Sources indicate the actor was "furious" at the prospect, believing a streamer taking over a major studio would signal the end of traditional cinema. His strong stance is said to have influenced the decision, leading Netflix to withdraw from the bidding war. This development opens the door for Paramount to potentially purchase Warner Bros in an £82 billion deal. Cruise, known for his dedication to theatrical releases, previously ensured his film 'Top Gun: Maverick' had a cinema-only debut, which grossed $1.5 billion.

His influence is significant, especially given his recent move to Warner Bros in January 2024 after three decades at Paramount. Despite this, he maintains contractual obligations with Paramount for future projects. The situation concluded with Netflix stating their withdrawal was due to disciplined financial considerations, while Warner Bros Discovery's CEO expressed excitement about the potential merger with Paramount and Skydance, aiming to create substantial shareholder value.

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