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Netflix is buying Warner Bros: All of the latest updates
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, while leaving cable and sports assets, including CNN, TNT Sports, and the Discovery channels out. There are [...]
Netflix revises Warner Bros. bid to an all-cash offer
Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal, replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite the sale of WBD studios and streaming businesses, following repeated attempts by rival bidder Paramount to pressure shareholders into accepting its own $108 billion [...]
What Netflix’s Warner Bros. deal could mean for TVs and remotes
This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. If you're in the market for a new TV, you'll have plenty of different options these days, ranging from display technologies (OLED vs. QLED vs. micro RGB) to styles (shiny [...]
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