Netflix is making seismic shifts in the entertainment business that might eventually impact Bay Area movie theaters. Netflix announced on Friday that the streaming service struck a deal with Warner Bros.

From the moment a rumor that Netflix could be nearing a deal to buy Warner Bros. surfaced, there has been a lot of conjecture from observers about the potential fallout. For example, there have been headlines about a possible DOJ investigation,

MAGA influencer Benny Johnson baselessly claimed that former President Barack Obama and former first lady Michelle Obama are “trying to take over all of media” amid Netflix’s plan to acquire Warner Bros. Discovery.

Sen. Chris Murphy warned Saturday that a bid by Netflix to purchase Warner Bros. Discovery -- a deal that would place HBO under Netflix's control -- would be "a disaster" for consumers, workers and the media landscape,

Jane Fonda is speaking out against Netflix’s earthshaking move to acquire Warner Bros. Discovery, calling the $82.7 billion deal a “catastrophic” development that threatens to “destroy our creative industry.

Since Superman star Christopher Reeve was an unknown, Warner Bros. promoted the film with a marketing campaign that provided a blueprint still being used today.

Warner Bros.’ latest M&A deal is different than the ill-fated AOL-Time Warner merger, but it’s not without precedent.