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Furthermore, because Warner Brothers does not own major over-the-air networks or broadcast licenses, the regulatory hurdles are significantly reduced. Even the potential involvement of entities like the CW is either outdated or non-issue, emphasizing the streamlined regulatory path for such a purchase.
Strategic Timing and Industry Implications
Timing appears to be a crucial factor. Industry insiders note that the opportunity window for Ellison and SkyDance to make their move is optimal now, especially given the recent restructuring efforts, such as Warner Brothers' plan to divide into two divisions—legacy cable and streaming/studios. This division could either facilitate a sale or serve as a stepping stone for merging with other assets.