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Warner Bros goes to Netflix (finance.yahoo.com)

posted 195 days ago by AlfredicEnglishRules 195 days ago by AlfredicEnglishRules +52 / -0

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...

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– KingLion7 9 points 195 days ago +9 / -0

Wait... Netflix is big enough to buy Warner Bros? I would have thought it was the other way around.

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– ModsAreAIDS 8 points 195 days ago +8 / -0

WB wiped out most of the value of the company by burying themselves in debt.

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