5 takeaways from blockbuster Netflix-Warner Brothers deal
Digest more
Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.
The streaming giant appears to have emerged victorious over Paramount and Comcast, though there is a lot that needs to happen for the deal to close.
Hollywood executives spent decades mocking Netflix's ambitions. Now, the streaming giant will own Harry Potter, the DC Comics extended universe, and HBO in one historic mega-deal.
It will go down as one of the biggest missed opportunities in the boardroom: Blockbuster deciding not to buy Netflix. But that’s what could have happened multiple times throughout the early 2000s when Netflix CEO and co-founder Reed Hastings courted a ...