After a bidding war that reportedly also involved Paramount, Comcast, Amazon, and Apple, on December 5th, Netflix struck a deal to buy Warner Bros. for $82.7 billion, buying the studio, HBO / HBO Max, Warner Games, and more. There are already questions and comments coming from politicians and regulators about the proposed acquisition, and you can follow along below for all of the latest updates as they come in.
Comcast is looking to shed most of its cable TV channels, as is Warner Bros. Discovery, while A&E's owners are exploring potential buyers for their networks.