Netflix prepares to pay cash for part of Warner Brothers Discovery
Netflix says it’s now prepared to pay all cash for part of Warner Brothers Discovery.
Netflix says it’s now prepared to pay all cash for part of Warner Brothers Discovery.
Paramount has just upped the ante in its hostile takeover bid for Warner Bros Discovery.
In the wake of the Netflix deal, the streaming giant is reassuring subscribers that nothing is changing at least for now.
Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max, in a $72 billion deal that would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.
Disney and Warner Brothers Discovery are planning to create a new streaming bundle.