Netflix to Buy Warner Bros. and HBO Max in $82.7 Billion Deal
It’s official: In a move that will dramatically reshape the entertainment business, Netflix and Warner Bros. Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., including its film and TV studios, HBO Max and HBO. The deal...
Wait... Netflix is big enough to buy Warner Bros? I would have thought it was the other way around.
They’re enormous for an entertainment company, it’s quite impressive to have built it all up over such a relatively short period of time.