Last updated: 2025-12-07 01:52:40 ET
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It’s only been a day since Netflix announced an $82.7 billion deal to acquire Warner Bros., and the acquisition has already been described as sending Hollywood into “full-blown panic mode,” “possibly a death blow to theatrical filmmaking,” ...
Netflix is set to buy Warner Bros. in a deal valued at $72 billion, but the announcement has sparked concern among industry workers.
Subscribers of the two streaming giants may now be wondering what changes could come to their content and their monthly bills.
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Netflix has a history of successful self-disruption. Its Warner Bros. Discovery deal will put that to the test.
The cash-and-stock deal would give the world’s largest paid streaming service expansive power over theater owners and entertainment-industry unions.
Much of the entertainment capital fears that Netflix’s deal will lead to more job losses and theater closings and fewer boundary-pushing movies.
The cable news giant won’t be part of the deal, foreshadowing an era without the backing or the baggage of a much larger parent company.
