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Published on 2025-12-05 12:55:35
Netflix has reached a $72bn agreement to acquire Warner Bros Discovery’s TV and film studios, along with its streaming division, marking a major shift in the global entertainment landscape.
The deal, announced on Friday, puts Netflix in control of one of Hollywood’s oldest and most influential studios.
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The agreement comes after weeks of competing bids, with Netflix stepping ahead through an offer of nearly $28 per share, higher…
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