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Netflix is buying HBO Max, Warner Bros. in blockbuster $83 billion deal

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Netflix has just announced a massive deal that, if it earns regulatory approval, could change the Hollywood landscape forever. Netflix is acquiring Warner Bros. in an estimated $82.7 billion deal, and will take ownership of its film and television studios, HBO Max, and HBO.

Netflix acquisition of Warner Bros. expected to close in 12-18 months

The highly publicized sale of Warner Bros. Discovery has reached a tipping point. Though Paramount Skydance and Comcast were part of the…

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