Signaling
Netflix To Acquire Warner Bros. for $82.7 Billion, Signaling Major Upheaval in Global Film Market
Netflix has completed one of the largest acquisitions in the streaming market to date. Netflix announced on Dec. 5 that it would acquire Warner Bros. Discovery’s (WBD) studio and streaming division for $82.7 billion (about 121 trillion won). Both companies’ boards of directors unanimously approved the transaction, and a termination fee clause of $5.8 billion […]
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