i've had Netflix over 15 years. It will give us more HBO shows now.Netflix Wins Warner Bros.
Netflix yesterday announced an agreement to buy Warner Bros. Discovery’s studios and streaming services—including DC Studios and HBO Max—in a cash-and-stock deal valuing the enterprise at $82.7B. The transaction is expected to close next year, after Warner completes a previously planned separation of its studio and streaming assets (Warner Bros.) from its cable division (Discovery Global).
The purchase marks a milestone in Netflix’s evolution from a DVD-by-mail rental service in 1998 to an on-demand content platform and production studio behind hits from “Stranger Things” to “Squid Game.” Under the deal, Netflix has agreed to honor Warner Bros.' existing contracts for film releases. Netflix will also assume ownership of Warner Bros.' century-old content library, spanning from the 1939 "The Wizard of Oz" to the DC Universe and the "Harry Potter" franchise.
Paramount Skydance, which also bid for Warner's assets, is questioning the fairness of the sale process and raising potential antitrust concerns about Netflix’s merger. Read its attorneys’ letter here.
What Are You Watching Now?
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Well I gave up last night but it sort of grew on me today as a goofy fun send up
Our very own Nordic Godzilla
Our very own Nordic Godzilla
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