$72B Streaming Deal: ETFs to Gain From Netflix's Warner Bros. Takeover

The streaming industry witnessed a major plot twist last week, with Netflix (NFLX) emerging victorious in a fierce bidding war to acquire the studio and streaming assets of Warner Bros. Discovery for an estimated $72 billion in equity value, or $82.7 billion in total enterprise value. This transaction, which includes the HBO Max streaming service, and legendary franchises from Harry Potter to Game of Thrones, can be expected to significantly reshape the entertainment landscape.The deal is expected to streng ...