Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal

Core Viewpoint - Netflix has agreed to acquire Warner Bros. Discovery in a landmark deal valued at $72 billion, combining the leading paid streaming service with a historic Hollywood studio [1] Group 1 - The acquisition is structured as a combination of cash and stock [1] - This merger represents a significant consolidation in the media and entertainment industry, potentially reshaping the competitive landscape [1] - The deal highlights the ongoing trend of major streaming platforms seeking to expand their content libraries through acquisitions [1]