Netflix has a deal in place to buy Warner Bros. Discovery’s studio and streaming assets, including HBO/HBO Max, but regulatory hurdles loom.  Param

Here’s a deep dive into the library that Netflix will acquire from Warner Bros. An earthquake just hit Hollywood. After an intense bidding process, Netflix has emerged victorious, becoming the future shepherd of Warner Bros. and its TV and movie studios, as well as HBO and HBO Max.

Netflix co-CEO Ted Sarandos said theatrical runs will “evolve” to be more consumer friendly while criticizing lengthy theater exclusivity windows.