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Netflix’s €71.2bn takeover of Warner Bros Discovery sparks clarity on HBO Max’s future, with CEO David Zaslav confirming the platform will remain available as a standalone service.
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Netflix acquires Warner Bros. Discovery, including HBO and HBO Max, for a total enterprise value of $82.7B
The post Netflix Acquires Warner Bros. Discovery, Including HBO and HBO Max, For A Total Enterprise Value Of $82.7B appeared first on AfroTech. Netflix’s latest deal marks a significant update in the entertainment landscape.
As concerns emerge about Netflix's plan to acquire Warner Bros. Discovery assets, an HBO Max subscriber sued Netflix on Monday to prevent the merger from happening.
An announced merger of Warner Bros Discovery and Netflix could mean huge changes for subscribers to HBO Max and Netflix in the coming months.
Netflix's proposed bid to acquire Warner Bros Discovery's studios and streaming unit could lead to a cheaper streaming bundle.
If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.
Antitrust officials are likening the Netflix purchase of WBD to Ticketmaster buying a popular entertainment venue like Madison Square Garden.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) announced on Tuesday that it will extend its global streaming footprint next month, bringing HBO Max to 14 additional Asia Pacific markets on October 15. The rollout includes Bangladesh, Brunei, Cambodia, Laos ...