Netlfix Reaches $72 Billion Deal To Acquire Warner Bros. Film & Steaming Assets

Anadolu / Netflix / Warner Bros.Netflix dropped an early Friday-morning bomb when it announced it had purchased parts of Warner Bros. Discovery, which could shake Hollywood for the foreseeable future.The intense bidding war that saw other giants like Paramount, Skydance, and Comcast trying to get their hands on the legacy assets is now over.
Both companies revealed that the deal is comprised of cash and stock and valued at $27.75 per WBD share, putting the equity value of the agreement at a