Netflix Seizes Warner Bros.
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Key Takeaways Netflix shares fell Thursday, a day after after closing at a seven-month low, as investors mulled the likelihood it beats out Paramount Skydance in a bidding war for competitor Warner Bros.
Netflix’s $83 billion move to acquire Warner Bros. reshapes streaming, pulling major franchises like Harry Potter, DC, and HBO favorites into one giant platform.
The combination brings two massive streaming ecosystems under one roof, with roughly 450 million subscribers worldwide, though regulatory scrutiny could be intense in both the US and Europe. Paramount Skydance challenged Warner Bros.' sale process and ...
HARRY Potter is heading to Netflix after the streaming giant bought Warner Bros for £54billion. The deal will create one of the most powerful businesses in entertainment if approved by