Netflix Might Have Just Dealt A Huge Blow To Movie Theaters
Netflix will acquire Warner Bros., potentially undermining theatrical cinema as Warner's major film studio joins a streamer that favors direct-to-streaming releases.
Why Netflix says its Warner Bros. deal won't be a failure like other media mega-mergers before it
Netflix defended its $72 billion Warner Bros. acquisition, saying past media mega-mergers failed from lack of industry expertise and asserting Netflix's business is healthy.