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...
This is only happening because WB is the debt slave of everyone. Time dumped debt onto them then sold. AOL dumped debt onto them and sold. AT&T dumped debt onto them and sold. Same thing is happening with Discovery now.
They call this "capitalism" which it should have been stopped with Time in the 90's. It's like usury on steroids.
Yeah, it's not being helped by bad movies.