After a bidding warfare that reportedly additionally concerned Paramount, Comcast, Amazon, and Apple, on December fifth, Netflix struck a deal to purchase Warner Bros. for $82.7 billion, shopping for the studio, HBO / HBO Max, Warner Video games, and extra, whereas leaving cable and sports activities belongings, together with CNN, TNT Sports activities, and the Discovery channels out.
There are already questions and feedback coming from politicians and regulators in regards to the proposed acquisition, and you’ll observe alongside beneath for the entire newest updates as they arrive in.
