Netflix's Acquisition of Warner Bros. Represents a Paradigm Shift in the Streaming Industry.

Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.Netflix (NFLX 2.00%) could change the streaming and media industries forever with its pending acquisition of Warner Bros. Discovery's (WBD +3.80%) film and television studios, which include HBO and HBO Max. It's one of the largest acquisitions ever announced in all media. The deal does not include Warner Bros' cable assets, which will be spun off into a separate company.While the industry has already ...