Netflix sent an email. You may have received it too. It simply says Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO. That basically means if all goes well (and I’ll illustrate why it won’t be a simple job), you’ll have The Big Bang Theory, Harry Potter, Game of Thrones and DC Universe on the same streaming platform that already has Stranger Things, Squid Game, Bridgerton and KPop Demon Hunters. The deal is expected to be around $82.7 billion, and perhaps the last thing weakened movie theatres worldwide need. Yet, this also marks how far along Netflix has come in the last two decades, effectively buying out a prestigious Hollywood studio.
The big question regulators must decide on, and therefore hinge the approvals, is whether this becomes something of a monopoly. (Getty file photo)
Netflix may have announced its intent to acquire…
