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Five takeaways from the blockbuster Netflix Warner Brothers deal

Five takeaways from the blockbuster Netflix Warner Brothers dealWarner Brothers DiscoveryNetflix is buying Warner Brothers' streaming services, including HBO, known for shows like Game of Thrones It sounds like a simple merger deal, but it's got all the ingredients of a Hollywood drama: a rich and powerful suitor, political intrigue, and plenty of cliff-hangers. Netflix's deal to buy Warner Brothers Discovery's storied movie studio and popular HBO streaming networks, is a real-life tale of a conquering giant. But with regulators and rivals still waiting in the wings, it's probably just the start of the saga. As the story unfolds, here are five key things to look out for.1. Netflix is becoming even more powerfulNetflix has been pulling ahead in Hollywood for years now, ranking as the world's biggest streaming subscription service and largest producer of new content in California. But this deal - the biggest in the industry for years - would confirm its position at the head of the pack, handing the company a catalogue with nearly a century's worth of titles and beefing up its already formidable production capacity.

Joe Naufahu and Emilia Clarke, characters from Game of Thrones, dressed in fantasy medieval leather clothing. They are scantily clad but there appears to be snow on the ground behind them. Their skin is dirty

Joe Naufahu and Emilia Clarke, characters from Game of Thrones, dressed in fantasy medieval leather clothing. They are scantily clad but there appears to be snow on the ground behind them. Their skin is dirty

Credit: Co

Key Highlights

  • That's not to mention its sheer subscriber might, as Netflix prepares to add some of HBO's 128 million subscribers to its already more than 300 million-strong base."Netflix is already the biggest streaming service and now you add HBO Max to that and it becomes arguably untouchable," said Mike Proulx, vice president at research firm Forrester. Murray Close/Getty ImagesWarner Bros owns the rights to the Harry Potter filmsThe deal will unite beloved historic franchises like Looney Tunes, Harry Potter and Friends and HBO hits like Succession, Sex and the City and Game of Thrones under the same roof as Netflix's less conventional output, including Stranger Things and KPop Demon Hunters. The purchase also includes TNT Sports outside the US. Netflix to buy Warner Bros film and streaming businesses for $72bn2.
  • It could mean prices go up....
  • or downNetflix said it hopes to complete the deal in the next year to 18 months.
  • But executives are coy about how - or whether - they plan to incorporate Warner Brothers and its flagship HBO brand into the existing Netflix service. Netflix's co-chief executive Greg Peters said the HBO name was "very powerful" and would give the firm "a lot of options", but would not elaborate further. Netflix could package up films and programmes into different bundles, although analysts say they would be surprised to see the HBO brand disappear altogether. The impact on prices is also unclear.
  • Netflix's dominance could allow it to charge customers more.
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Sources

  1. Five takeaways from the blockbuster Netflix Warner Brothers deal

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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