Netflix and WBD announced merger intentions on December 5. Netflix was going to pay an equity value of $72 billion, or an approximate total enterprise value of $82.7 billion, for part of WBD. At the time, NBC News reported that WBD’s total market value was $60 billion.
Liz Kendall, the technology secretary, will publish the terms of reference for the consultation, which is expected to explore options including an age limit and less hardline action such as curbs on infinite scrolling.
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