Centerstage Event
Netflix to buy Warner Bros businesses for $72 billion...
Netflix agrees to buy Warner Bros Discovery’s film and streaming businesses for $72 billion, defeating bids from Comcast and Paramount Skydance in a major reshaping of Hollywood. The deal gives Netflix control of franchises like Harry Potter, Game of Thrones, and HBO Max, pending regulatory approval. Critics, including the Writers Guild of America, warn of harm to workers and consumers. Netflix leaders say the merger will expand content, preserve HBO’s identity, and generate up to $3 billion in cost savings.
Friday, 5 December, 2025