Netflix to purchase Warner Bros.
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NDTV Profit on MSN
Shared Rental Roots To $82B Buyout: Tracing Warner Bros' 102-Year Journey As Netflix Writes Final Chapter
With the success of the studio's 1964 film of Broadway play My Fair Lady, as well as its soundtrack, Warner Bros. Records became a profitable subsidiary.
SuperHeroHype on MSN
Snyderverse Fans Rejoice With Hope as Netflix Wins Warner Bros. Sale
Netflix has finally commenced closing the deal with Warner Bros. Discovery Inc., winning the bid to acquire the film and TV studios and HBO Max streaming service, which includes the rights to Snyderverse films.
Netflix is also reportedly offering between $28 and $30 per share in its bid, which works out to $70-75 billion (Bloomberg puts the per share figure at $30). Netflix has beaten out Paramount and Comcast (owner of Universal) to the deal.
How Netflix's $82.7 billion takeover of Warner Bros will reshape the business, end streaming wars and likely bring another culture clash.
Comic Book Resources on MSN
James Gunn's future DCU plans get clarified amid Netflix-Warner Bros. shakeup
The future of James Gunn and the DCU has now been answered after Netflix's purchase of Warner Bros. and DC Studios.