One of many largest information tales of the yr simply broke. Netflix has entered right into a definitive settlement to purchase Warner Bros., together with its movie and tv studios, HBO, and HBO Max, in a deal value $82.7 billion.
So, a 100 yr outdated film studio is being purchased by a 28 yr outdated streaming service that started off as a DVD by mail service.
This all signifies that Netflix would now be the house of HBO and all its properties together with Recreation of Thrones. The DC Universe. Harry Potter. And online game franchises like Mortal Kombat, the Batman Arkham franchise, and the Travellers Tales Lego video games like Lego Star Wars and the upcoming Lego Batman: Legacy of the Darkish Knight.
Mergers like this often imply elevating costs — simply have a look at what occurred with Xbox’s acquisition of Activision Blizzard and the value of Recreation Cross.
Daemon, Seth, and Michael are right here to interrupt all of it down for you.
