Netflix agrees to buy Warner Bros studio and streaming business in $83bn deal
- Netflix has agreed to an $83 billion deal to acquire Warner Bros Discovery's TV and film studios, which includes popular content libraries.
- The deal values Warner Bros Discovery at approximately $72 billion in equity and $82.7 billion including debt.
- This acquisition may trigger strong antitrust scrutiny in Europe and the U.S. due to Netflix gaining ownership of HBO Max.
- The acquisition grants Netflix control over major franchises like Harry Potter, Game of Thrones, and DC Comics.
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The fact that Netflix has reached an agreement to acquire Warner Bros. Discovery, the Hollywood giant behind brands such as Harry Potter and HBO Max, threatens to give a new form to the audiovisual industry. Yesterday it was announced that the streaming company agreed to buy the studio for $72 billion, which would make it the great colossus of entertainment. There is still no approval from the regulators of the sector in the United States, but i…
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Netflix to acquire Warner Bros. for $72B
NEW YORK — Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind "Harry Potter" and "Friends," in a $72 billion deal that would bring together two of the biggest players in television and film and…
Agreement includes buying from Warner Brothers' cinema and television studios, in addition to HBO Max, Netflix's competitive streaming service.
Netflix is buying Warner Bros.
The agreement also includes HBO and HBO Max.
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