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What Netflix's acquisition of Warner Bros. means for the movies [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
As one of the remaining “big five” studios, the 102-year-old Warner Bros. is an essential part of movie theater business. The studio currently boasts three of the top five earning films domestically, including “A Minecraft Movie,” in first place, “Superman” and “Sinners,” as well as the Oscar frontrunner, “One Battle After Another.” There are more questions than answers about how ownership from a streaming giant would change things for Warner Bros. It's not even clear if it will pass antitrust scrutiny, or, if it does, what the details will look like. Here are some things to know, and lingering questions, in the wake of the news. Will Warner Bros. continue releasing movies in theaters? Yes, but it might change as well. For starters, it'll be at least 12 to 18 months before the deal officially goes through and moviegoers can expect essentially business as usual until then. Netflix co-CEO Ted Sarandos said Friday that they will “continue to support” a “life cycle that starts
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- Netflix announces deal to buy Warner Bros., HBO Max [MSNBC.com][MSNBC.com]
- A plea to Netflix's Ted Sarandos: Don't screw up Warner Bros. and HBO [Los Angeles Times (CA)][Los Angeles Times]
- How Ted Sarandos became the ultimate Hollywood gate-crasher [Los Angeles Times (CA)][Los Angeles Times]
- Netflix Only Buying Warner Bros. To Sabotage A Rival Streamer? [Yahoo! Finance][Yahoo! Finance]
- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)][Los Angeles Times]
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