‘Win for everyone’ as Netflix quits Warner Bros takeover battle, clearing way for Paramount – business live

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The FCC claims that Charter plans to invest "billions" to upgrade its network following the closure of the deal, leading to "faster broadband and lower prices." The company's "Rural Construction Initiative" will also extend those improvements to rural states lacking in consistent internet service, a project the FCC was heavily invested in during the Biden administration, but has been pulling back from since President Donald Trump appointed Carr. The FCC also claims Charter will onshore jobs currently handled off-shore by Cox employees and commit to "new safeguards to protect against DEI discrimination," which essentially amounts to hiring, recruiting and promoting employees based on "skills, qualifications, and experience."

For Netflix, the streaming industry's biggest player with more than 300 million customers, buying the film and streaming division would have bolstered its movie offerings, while heading off any potential rivals looking to get their hands on the Warner Bros content.

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Despite the physical and emotional demands of the job, McKenzie says nothing beats the incredible experiences he's had - as well as the satisfaction of contributing to environmental research.

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