Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s studios and HBO Max will face scrutiny from U.

The entertainment world is still processing Netflix’s massive $82.7 billion purchase of Warner Bros., a studio with more than a century of theatrical history behind it. The deal folds giants like HBO,

After weeks of an intense bidding process, Netflix is picking up one of Hollywood's oldest studios in a game-changing deal.

Warner Bors. Discovery put itself up for sale in October this year, with Apple being a potential buyer. However, it seems like Netflix is eyeing the deal.

Netflix has announced that it will acquire Warner Bros. in a massive $82.7 billion dollar deal, and will own Warner Bros.' film and TV studios plus HBO and HBO Max.

Here’s a deep dive into the library that Netflix will acquire from Warner Bros. An earthquake just hit Hollywood. After an intense bidding process, Netflix has emerged victorious, becoming the future shepherd of Warner Bros. and its TV and movie studios, as well as HBO and HBO Max.

A video shared online soon after Netflix announced it was acquiring Warner Bros. was edited so the Netflix logo would be on the iconic water tower.

Netflix will acquire Warner Bros.' assets for a total enterprise value of nearly $83 billion, which includes approximately $11 billion of net debt at Warner Bros. The deal values Warner Bros. at $27.75 per share. Netflix will fund 84% of the acquisition with cash and the remainder in stock.