Netflix is set to swallow one of Hollywood’s crown jewels, snapping up Warner Bros.’ studio and streaming operations in a blockbuster $72 billion deal that could weaken legacy news network CNN.
The streamer confirmed the buyout Friday morning after offering $27.75 a share to Warner Bros. Discovery, ending a heated showdown that included bids from Paramount and Comcast. For Netflix, it’s the biggest swing yet ...... to continue reading, follow the link below
Read more about CNN Doomed After Parent Company Makes Stunning Move
The streamer confirmed the buyout Friday morning after offering $27.75 a share to Warner Bros. Discovery, ending a heated showdown that included bids from Paramount and Comcast. For Netflix, it’s the biggest swing yet ...... to continue reading, follow the link below
Read more about CNN Doomed After Parent Company Makes Stunning Move