How the Netflix-Warner Bros deal changes Hollywood
Netflix Inc has agreed to
purchase the streaming and studio assets of Warner Bros Discovery Inc
in a US$72 billion (S$93 billion) deal that is likely to impact the entertainment industry for decades.
Netflix, the world’s dominant streaming platform, has grown to have more than 300 million subscribers – and this would be its first meaningful acquisition.
……Read full article on The Straits Times - Sports
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