Netflix to Acquire Warner Bros. in Landmark $72 Billion Deal
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Streaming giant Netflix announced a historic $72 billion deal on Friday to purchase Warner Bros. This acquisition will unite two of the entertainment industry's most powerful companies.
The merger brings Warner Bros.' extensive film and television studio under Netflix's control. It also includes Warner's streaming service, HBO Max, and its comic book franchise division, DC Studios.
The combined company will create one of the world's largest libraries of movies and TV shows. Industry analysts expect the deal to reshape the global streaming landscape significantly.