Netflix to purchase Warner Bros.
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How the Streamers Killed Premium Cable, as HBO’s Linear Fate Under Netflix Comes Into Question
Among the many burning questions about Netflix ‘s potential acquisition of Warner Bros. is: What would happen to HBO Max? Would customers continue to subscribe to both, or would it ultimately roll into Netflix?
Sen. Chris Murphy warned Saturday that a bid by Netflix to purchase Warner Bros. Discovery — a deal that would place HBO under Netflix’s control — would be "a disaster" for consumers, workers and the media landscape,
While the vast majority of the focus around Hollywood will be on Netflix owning HBO, DC Studios, Harry Potter and one of the most cherished movie libraries (which one exec called like a “futuristic sci-fi movie where one place delivers all entertainment”), the deal will also essentially recreate Discovery Communications with a few more networks.