Netflix to acquire Warner Bros. studio and streaming business for $72 billion

2 months ago 7

By WYATTE GRANTHAM-PHILIPS and MATT OTT, AP Business Writers

NEW YORK (AP) — Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max, in a $72 billion deal that would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.