Netflix Is Buying Warner Bros. in $83B Deal. Here's What It Means for You [CNET News]
Netflix, Inc. (NFLX)
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Source: CNET News
Netflix took its next step towards becoming one of the most dominant forces in the global entertainment industry on Friday by announcing its acquisition of Warner Bros. The $82.7 billion deal will see the streaming giant acquire the film and streaming business of Warner Bros. Discovery after the latter business split in two earlier this year. By acquiring the Warner Bros., Netflix not only will boost its own catalog of shows and films, which already big hitters such as Stranger Things, Wednesday and Squid Game, with Warner Bros. properties Harry Potter, Friends and Batman, but will also see it play host to HBO shows including Game of Thrones and Succession. "Our mission has always been to entertain the world," said Netflix Co-CEO Ted Sarandos in a statement . He promised the deal would bring audiences "more of what they love and help define the next century of storytelling." The big question for most Netflix subscribers will likely be how the acquisition might affect monthly su
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- Five Netflix Shows Like ‘Stranger Things' To Watch While Waiting For Volume 2 [Forbes]Forbes
- Netflix to buy Warner Bros. for nearly $83 billion [CBS News]CBS News
- Netflix is buying Warner Bros. Here's what it means for you [USA TODAY]USA TODAY
- Netflix: Sell After The Warner Bros. Discovery Acquisition [Seeking Alpha]Seeking Alpha
- Stock market today: S&P 500, Nasdaq, Dow rise as Fed-favored PCE inflation data cools [Yahoo! Finance Canada]Yahoo! Finance Canada
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