Netflix Agrees to Buy Warner Bros. Discovery and HBO Max
0:32
TODAY.comDrew Weisholtz
Netflix Agrees to Buy Warner Bros. Discovery and HBO Max
Netflix has won a bidding war to acquire Warner Brothers Discovery, paying nearly $83 billion in cash and stock for the film and television studios as well as the HBO Max streaming service. This move is expected to bring seismic change to the industry as it merges a dominant paid streaming service with a major Hollywood studio.
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