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The Economic Times News

Science/Tech / The Economic Times

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How Netflix won Hollywood's biggest prize, Warner Bros Discovery

Netflix has agreed to acquire Warner Bros. Discovery's TV, film studios, and streaming division for $72 billion, a deal that could reshape the global entertainment industry. Initially a fact-finding mission, Netflix recognized the strategic value of Warner Bros.' assets, including its extensive library and complementary business units. The acquisition followed an auction initiated by Warner Bros.

6 Dec 2025 6:31 am