Netflix wins Warner Bros. Discovery bidding war
13:24
YouTubeCNBC Television
Netflix wins Warner Bros. Discovery bidding war
CNBC's 'Squawk Box' crew and David Faber report on the latest news from Warner Bros. Discovery and Netflix.
81.6K views3 days ago
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Warner Bros. Discovery announced Friday it has agreed to sell its streaming and studios assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern Hollywood history. If approved by federal regulators, the transaction promises to create a new entertainment and media behemoth, uniting the world’s largest streaming destination with a storied 102-year-old film studio. | Today Show
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