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Netflix Acquires Warner Bros. Discovery
Netflix is set to acquire Warner Bros. Discovery‘s studios and streaming services for $82.7 billion. This deal is expected to close in late 2026, marking a significant shift in the entertainment landscape.
Previously skeptical voices from Warner, including former CEO Jeff Bewkes who compared Netflix to the “Albanian army,” now underscore Netflix’s rise from a rental service to owning major Hollywood entities.
With this acquisition, Netflix aims to enhance its library and competitive edge, as it continues to reshape its identity in the media industry.
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