"It's a cold Tuesday in early November, and Sarandos, 61, has arrived at the launch party for Netflix's new business in a small town just outside Philadelphia called King of Prussia, home to a massive shopping mall of the same name. There, the media group has opened its latest venture: a themed entertainment center featuring a restaurant, store, game rooms, an escape room, and other attractions inspired by characters from its most popular series such as Squid Game, K-Pop Demon Hunters, One Piece, and Wednesday."
"He wanted to signal his intention to acquire Warner Bros.' iconic film studios and streaming business, which includes HBO and the full catalog of series and movies, giving Netflix access to titles like Game of Thrones and the DC superhero franchise, including Batman, Superman, and the Justice League. Additionally, HBO would add 130 million subscribers to Netflix's existing 300 million."
Netflix launched a themed entertainment center in King of Prussia featuring restaurants, stores, game rooms, an escape room, and attractions inspired by hit series such as Squid Game, K-Pop Demon Hunters, One Piece, and Wednesday. The company plans to expand the concept worldwide. CEO Ted Sarandos faced questions about a rumored bid for Warner Bros. Discovery while wearing a custom blue suit and white sneakers at the launch. Sarandos met with President Donald Trump to signal interest in acquiring Warner Bros., including HBO and its catalog, which could add 130 million subscribers and unlock new profitable franchises and products.
#netflix-expansion #themed-entertainment-centers #warner-bros-acquisition #streaming-industry-consolidation
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