Warner Bros. Discovery owns the Warner Bros. Pictures film studio, the HBO Max streaming service, and cable channels including CNN and TBS.
November 21, 2025
high
organizational
Corporate asset holdings (snapshot as of the date reference).
Major U.S. media conglomerates such as Paramount Global and Comcast each own a major film studio (Paramount Pictures and Universal Pictures, respectively) and also own broadcast or cable networks.
November 21, 2025
high
organizational
General structure of large integrated media companies.
Netflix does not own a traditional movie studio or broadcast/cable television networks and operates as a subscription streaming service with one of the largest subscriber bases globally.
November 21, 2025
high
organizational
Describes Netflix's business model and asset profile relative to legacy media companies.
The U.S. Department of Justice lost its legal attempt to block AT&T's acquisition of Time Warner in 2018.
January 01, 2018
high
legal_precedent
Historical antitrust litigation outcome relevant to media merger challenges.