Warner Bros. Rejects Paramount Bid
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Netflix acquires Warner Bros. Discovery, including HBO and HBO Max, for a total enterprise value of $82.7B
The post Netflix Acquires Warner Bros. Discovery, Including HBO and HBO Max, For A Total Enterprise Value Of $82.7B appeared first on AfroTech. Netflix’s latest deal marks a significant update in the entertainment landscape.
We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
HBO Max will launch in Europe on 13 January, although its debut in the UK and Ireland will follow in March. The streaming service and home to Game of Thrones will initially be available in Germany, Italy, Austria, Switzerland, Luxembourg and Liechtenstein.
Netflix has announced that it will acquire Warner Bros. in a massive $82.7 billion dollar deal, and will own Warner Bros.' film and TV studios plus HBO and HBO Max.