Netflix’s $72B WB acquisition confounds the future of movie theaters, streaming

Image credit: (Left) Netflix. (Right) Warner Bros. via Wikimedia Commons. Article by Scharon Harding. Ars Technica – December 5, 2025.

The bidding war is over, and Netflix has been declared the winner. After flirting with Paramount Skydance and Comcast, Warner Bros. Discovery (WBD) has decided to sell its streaming and movie studios business to Netflix. If approved, the deal is set to overturn the media landscape and create ripples that will affect Hollywood for years. […]

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