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Netflix's plan to buy Warner Bros. throws the theater industry into upheaval
CNBC· 2025-12-05 17:08
In this articleWBDNFLXA man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesMovie theater operators woke up Friday to the possibility of a new world order.Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD's film studio and streaming service, bringing an end to a months-long bidding process that saw Paramount Skydance and Comcast also vying for the assets.With Netflix as the victor, exhibitors ...