What to know about Netflix’s landmark acquisition of Warner Bros.

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Netflix is acquiring Warner Bros.' film, television, and streaming assets (including HBO and HBO Max) in an $82.7 billion all-cash deal. The acquisition faces intense regulatory scrutiny, with lawmakers concerned about market concentration and consumer impact. Paramount has been aggressively competing with a higher $108 billion

6m read time From techcrunch.com
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What has happened so far?A fierce bidding warRegulatory hurdlesConcerns within the industryWhat should subscribers know?When is the deal expected to close?

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