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Netflix has been hit with a consumer lawsuit seeking to block the online video giant's planned $72 billion acquisition of warner bros discovery’s studio and streaming businesses. As a sign that it is worried about the growing strength of youtube and tiktok among younger viewers netflix faces consumer class action over $72 billion warner bros deal Netflix (nflx.o), opens new tab has been hit with a consumer lawsuit seeking to block the online video giant’s planned $72 billion acquisition of warner bros discovery’s (wbd.o), opens new tab studio and streaming businesses

The proposed class action, opens new tab was filed on monday by a. Some analysts view netflix's move to acquire warner bros Amid regulatory scrutiny and political backlash, critics fear media consolidation and harm to consumers

The case could reshape the streaming industry.

Netflix finds itself in the crosshairs of a consumer lawsuit that aims to block its proposed $72 billion acquisition of warner bros discovery’s studio and streaming operations, marking the latest challenge to what would be one of the largest mergers in entertainment history The proposed class action, filed monday in u.s District court for the northern district of california, was brought by. Netflix ’s ongoing legal battle to acquire warner bros

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