Warner Bros. rejects revised Paramount bid
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If Netflix ends up being successful in acquiring Warner Bros., it will acquire HBO and film and television studios that will broaden and diversify its business. But in doing so, Netflix will also need to take on tens of billions of dollars in additional debt to help fund the deal.
Netflix announced Friday that it has agreed to acquire Warner Bros. Discovery’s film studio and HBO assets, including the streaming service, for $82.7 billion, including debt. Netflix outbid media conglomerates Paramount and Comcast in a bidding war that ...
Netflix is set to acquire Warner Bros. in a $72 billion deal for its streaming and studios business. That means the streamer would own a slew of classic movies and TV shows from the WBD catalog. Titles that would be owned by Netflix include "Casablanca ...
Netflix is putting a lot on the line to buy Warner Bros. Discovery. HBO’s content and pricing model complement Netflix well. Netflix is a high-margin cash cow that can grow steadily, regardless of the state of the economy. The deal would boost Netflix's ...