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Netflix to buy Warner Bros film and streaming businesses for Rs 647463 crore? Here's what we know

In a significant move that will reshape the entertainment business, Netflix is set to buy Warner Bros. Discovery, including its film and TV studios, HBO Max, and HBO. This move comes after a weeks-long bidding war between Netflix, Paramount, Skydance, and Comcast. The deal values Warner Bros. at $72 billion in equity and is expected to close in 12-18 months, pending regulatory approval.