Netflix agrees to buy Warner Bros. Discovery’s Studios + Streaming business (Entertainment / Streaming)
Netflix announced a major acquisition: it has signed a definitive agreement to buy Warner Bros. Discovery’s movie/TV studios and streaming assets (including HBO/HBO Max), structured around WBD’s planned separation of “Discovery Global.” The headline number—$82.7 billion enterprise value—is one of the biggest media deals in years, and it immediately set off regulatory and industry debate…