Netflix to acquire Warner Bros.' studios and HBO Max in landmark $72 billion deal

Netflix (NFLX) is set to acquire Warner Bros. Discovery's (WBD) studio and streaming assets in a $72 billion deal, plus debt, bringing Hollywood’s most storied film and TV studio and the world’s largest streaming platform together in one of the biggest entertainment deals in history. The companies announced Friday that they entered into a definitive agreement, subject to regulatory approval, that will give Netflix control of Warner Bros.’ film and TV studios, as well as HBO and HBO Max. The deal is set t ...