How Netflix won Hollywood's biggest prize, Warner Bros Discovery

Netflix has agreed to acquire Warner Bros. Discovery's TV, film studios, and streaming division for $72 billion, a deal that could reshape the global entertainment industry. Initially a fact-finding mission, Netflix recognized the strategic value of Warner Bros.' assets, including its extensive library and complementary business units. The acquisition followed an auction initiated by Warner Bros.

from Economic Times https://ift.tt/X9DU2ak