Netflix wins battle for Warner Bros as HBO joins streaming giant’s empire

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Netflix wins battle for Warner Bros as HBO joins streaming giant’s empire  After months of bidding drama, Netflix has secured an agreement to acquire Warner Bros, bringing the Harry Potter, DC and Game of Thrones franchises under its roof while Discovery Global spins off CNN and other legacy networks.  READ MORE : http://www.euronews.com/2025/12/05/netflix-wins-battle-for-warner-bros-as-hbo-joins-streaming-giants-empire  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Netflix has announced the definitive purchase of Warner Bros. Discovery in a nearly $83 billion

00:08deal that includes HBO and HBO Max. The announcement comes after a months-long bidding war,

00:15with Paramount being the other frontrunner to obtain Warner Bros.

00:19The acquisition brings two of the industry's biggest players in film and TV under one roof,

00:25drastically altering the entertainment landscape. Netflix said the merger would

00:30optimize subscription plans for consumers and give them more titles to choose from.

00:35Still, the deal will draw significant antitrust scrutiny, with critics warning that consolidation

00:40across the industry will mean less variety of content and fewer choices for consumers down

00:46the road. The merger could also mean bad news for movie theaters and those who work in them.

00:51Cinema United, a trade association that represents more than 30,000 movie screens in the U.S.

00:58and another 26,000 screens internationally, said the deal and the streaming business model

01:03in general threatened the global theatrical exhibition business.

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