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The streaming wars just ended. Great cracks have opened up in the Earth's crust, and your favorite cable content is about to be swallowed up, disappearing from your HBO subscription. Dramatic? Maybe, but subscribers will find their Warner Bros. Discovery ...
Netflix (NFLX) has announced plans to acquire Warner Bros. Discovery (WBD) for an enterprise value of about $82.7 billion, adding the Warner Bros. film and television studios, HBO, and HBO Max to its portfolio. The agreement marks the latest turn in a ...
Netflix announced it will buy Warner Bros. Discovery for $72 billion, giving it control of HBO Max. The proposed deal is facing political pushback over antitrust concerns from both parties. The acquisition could give Netflix a massive library of content ...
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. By Benjamin Mullin Lauren Hirsch and John Koblin Paramount on Monday mounted a hostile takeover bid for Warner Bros. Discovery, a brazen ...
Warner's board was not swayed by tech billionaire Larry Ellison's personal guarantee to back the equity portion of Paramount's bid. Warner's board remains solidly behind its Netflix deal.