This article examines emerging procedural and governance risks surrounding the proposed Netflix–Warner merger
The proposed merger between Netflix and Warner Bros. Discovery is currently in a state of procedural crisis. Allegations of abuse of process have surfaced alongside unresolved judicial matters which may significantly impact the merger's approval timeline. As these issues become more pronounced, regulatory scrutiny is expected to intensify, potentially creating litigation and financial risks.
This merger has raised various concerns among boards, investors, and regulators about its integrity, particularly with the upcoming judicial milestone set for January 16, 2026. This date marks an important procedural event where consolidated filings and exhibits will be formally anchored into the judicial record.
Moreover, a formal notice has been issued regarding the omission of critical information relating to these judicial proceedings, emphasizing the need for disclosure. Stakeholders are urged to pay close attention to these developments, as they could have significant implications not only for the merger itself but also for the broader media landscape.



