Netflix to acquire Warner Bros. and more
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After flirting with Paramount Skydance and Comcast, Warner Bros. Discovery (WBD) has decided to sell its streaming and movie studios business to Netflix. If approved, the deal is set to overturn the media landscape and create ripples that will affect Hollywood for years.
As the 2024-25 TV season winds down, it’s not surprising that Netflix series dominated multiplatform ratings given the streamer’s reach. Still, a number of broadcast hits — from CBS’ “Tracker” and “Matlock” to ABC’s “High Potential ...