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Holy mother forking shirt balls.
www.latimes.com
Netflix agrees to buy Warner Bros. in an $82.7-billion deal that will transform Hollywood
A theater owner trade group immediately blasted Netflix's nearly $83-billion deal to buy Warner Bros. and HBO. Netflix has long bypassed movie theaters, instead releasing films onto its streaming platform.
I do not look forward to the day I need to subscribe to Netflix/HBO/Warner/Paramount/Mazda/Kelloggs+, or some such shit.
- Netflix agrees to acquire Warner Bros. Discovery for $72 billion, gaining iconic franchises like Batman, Harry Potter and Friends alongside its hit originals. Netflix will also take on more than $10 billion in Warner Bros. debt, pushing the deal’s enterprise value to $82.7 billion.
- The deal would give Netflix over 420 million streaming subscribers worldwide, making it far larger than any competitor in the streaming market.
- Industry groups and anti-trust experts oppose the deal, citing threats to movie theaters and competition for creative talent in Hollywood.


















