Netflix has reached an agreement with Warner Bros. Discovery to acquire its production studios and HBO Max at $27.75 per share, valuing the deal at approximately $82.7 billion in enterprise value. The move comes amid industry concerns over competition and calls from Hollywood creatives for antitrust scrutiny. Warner Bros. Discovery's television network business will be spun off separately.
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Netflix Acquires Warner Bros. Discovery Assets in $82.7 Billion Deal
Deep News12-05 23:21
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