Netflix reaches deal to buy Warner Bros and HBO
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Netflix has announced that it will acquire Warner Bros. in a massive $82.7 billion dollar deal, and will own Warner Bros.' film and TV studios plus HBO and HBO Max.
Netflix’s $72 billion takeover of Warner Bros.’ studios and streaming assets stunned Wall Street and immediately ignited a high-stakes antitrust fight.
The memo questions whether the bidding for the studio has been "tilted" in favor of other suitors, cites media reporting on Netflix's bid.
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Paramount throws in more cash in bid for Warner; Comcast wants to combine assets with NBCUniversal
Jockeying for HBO-owner Warner Bros. Discovery has intensified as the auction appears to enter its home stretch.