Netflix Acquires Warner Bros in Historic $82 Billion Deal
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How Netflix's $82.7 billion takeover of Warner Bros will reshape the business, end streaming wars and likely bring another culture clash.
Warner Bros. Discovery, the owner of HBO, CNN and other streaming and studio businesses, said Tuesday it is putting itself up for sale. In a press release, the company announced "a review of strategic alternatives to maximize shareholder value," which is ...
Warner Bros Discovery Inc. has rebuffed Paramount Skydance Corp.’s initial takeover approach for being too low, according to people familiar with the matter. Warner Bros. rejected Paramount’s offer of around $20 per share in recent weeks, the people ...
David Zaslav and company left the door open for bidders to emerge for just a portion of the company, but Paramount would be the frontrunner for the whole thing. On Tuesday, WBD announced in a lengthy statement that it was reviewing purchase offers from ...
Netflix has finally commenced closing the deal with Warner Bros. Discovery Inc., winning the bid to acquire the film and TV studios and HBO Max streaming service, which includes the rights to Snyderverse films.