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What might change for streamers under the proposed $72B Netflix-Warner Brothers Discovery deal [Yahoo! Finance Canada]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Netflix said Friday it will acquire the studio and streaming business of Warner Bros. Discovery, the legacy Hollywood giant behind “Harry Potter” and “Friends,” for $72 billion. The transaction is expected to close in the next 12 to 18 months — after Warner completes its previously-announced separation of its cable operations. Not included in the deal are networks like CNN and Discovery. Warner Bros. Discovery said in October it was open to selling all or parts of its business. Here's a look at what the two streaming services offer and what might change if the deal completes regulatory hurdles and closes. Netflix Netflix, based in Los Gatos, California, is the world's biggest streaming service, although its growth has slowed from peak years. It stopped giving specific subscriber numbers in 2024, but quarterly results in October signaled its worldwide subscriber count has increased from the roughly 302 million it had at the end of 2024. Although it is best known for its sc
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