On December 15 (local time), Netflix, the streaming behemoth from the United States, reaffirmed that its strategy to acquire certain assets of Warner Bros. Discovery remains intact. In a letter addressed to employees, Netflix's co-CEOs, Greg Peters and Ted Sarandos, noted that the hostile takeover attempt by Paramount Global was "anticipated," and expressed the company's confidence in navigating regulatory reviews successfully. Earlier, on December 5, Netflix had unveiled its intention to purchase the film and television studios of Warner Bros., along with its HBO Max and HBO businesses, at an enterprise valuation of $82.7 billion. Nevertheless, Paramount Global swiftly countered with a hostile, all-cash offer of $108.4 billion, aiming to acquire the entirety of Warner Bros.' assets. Netflix's leadership team has vowed to maintain the theatrical release of Warner Bros. films post-acquisition and has provided assurances that there will be neither staff reductions nor studio shutdowns, thereby alleviating concerns within the industry.