#netflix-acquisition

#netflix-acquisition

A baby was born in a Waymo this week, and it wasn't even the first one. What started as a novelty story quickly became a reminder of how autonomous vehicles have quietly become part of everyday life, complete with all the messiness that entails. The real coming-of-age story this week, however, wasn't happening in San Francisco's robotaxis. It was playing out in Hollywood, where Netflix made an $82 billion bid to acquire Warner Bros. Discovery's streaming and studio business.

"We should not be reducing theatrical windows, we should be expanding. This is how the filmmaker wants you to see his film, and everybody else can wait for it. I don't care what happens. When you're going directly to streaming, it diminishes the importance of a film. The theatrical experience elevates the importance. The way you present it to the world is a very important thing."

Netflix Inc. has won the heated takeover battle for Warner Bros. Discovery Inc. Now it must convince global antitrust regulators that the deal won't give it an illegal advantage in the streaming market. The $72 billion tie-up joins the world's dominant paid streaming service with one of Hollywood's most iconic movie studios. It would reshape the market for online video content by combining the No. 1 streaming player with the No. 4 service HBO Max and its blockbuster hits such as Game Of Thrones, Friends,