Netflix acquires parts of Warner Bros. in $83B deal

Okay, so big news. Netflix announced this morning that it has reached an agreement to buy pieces of Warner Brothers Discovery in a deal valued at $83 billion. The streaming giant will acquire Warner Brothers film studio and streaming service HBO Max.That's a big deal, John. >> Significant deal. And to help us understand it, let's bring in co-anchor of CNBC Squawkbox and a New York Times columnist, Andrew Rossin.Andrew, so many layers to this. This is a major legacy Hollywood studio now purchased by a compan ...