Warner Bros Discovery Sale to Netflix May Be About Blocking CNN from Paramount Skydance

Netflix and Warner Bros. Discovery (WBD) have reached a final agreement where Netflix will buy WBD’s movie and TV production studios, as well as its streaming service. This includes popular brands like Warner Bros. Pictures, HBO/HBO Max, DC, and Warner Bros. Games. The deal is worth approximately $72 billion in terms of equity and $82.7 billion overall, and will be paid for with a combination of cash and Netflix stock.








