Netflix - Warner Bros. Discovery

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Netflix - Warner Bros. Discovery

The Warner Bros. Discovery logo appears on a smartphone screen, and the Netflix logo displays as the background on a laptop screen in this photo illustration in Athens, Greece, on December 6, 2025. Netflix announces an agreement to acquire Warner Bros. Discovery in a deal valued at approximately US $82.7 billion, including HBO, HBO Max, Warner Bros. studios, and its extensive content library, marking one of the largest consolidation moves in the global entertainment industry. (Photo by Nikolas Kokovlis/NurPhoto)


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