Netflix has announced its acquisition of Warner Bros. in a deal valued at $82.7 billion, merging the leading streaming service with the iconic studio behind classics like “Casablanca” and the “Harry Potter” franchise. The purchase, priced at $27.75 per share, is expected to finalize after Warner Bros. Discovery spins off its television networks by Q3 2026. However, regulatory challenges may arise due to concerns over competition in the theatrical market. Warner Bros. shares have risen significantly amid acquisition speculation, while Netflix’s stock saw a slight decline.
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