Netflix agrees to buy Warner Bros. and HBO Max
Warner Brothers Discovery says it's selling its streaming and studio assets to Netflix in a deal valued at nearly $83 billion. This is a major development as it sets the stage for one of the most consequential mergers in Hollywood history. If approved by federal regulators, this agreement would unite the world's largest streaming platform with the more than 100-year-old film studio, causing a major shakeup in the media landscape.This comes after the company had multiple biders, including Paramount Skyans an ...