Add Techlomedia as a preferred source on Google. Netflix has announced one of the biggest entertainment deals ever. The company will acquire Warner Bros. for a total enterprise value of $82.7 billion. The equity value of the deal is $72 billion. This acquisition will take place after Warner Bros. Discovery completes the separation of its…
NEW DELHI: Netflix on Friday annnounced that it has acquired Warner Bros., including HBO and HBO Max, for an enterprise value of $82.7 billion. The cash and stock deal values Warner Bros. Discovery (WBD) at $27.75 per share and will take effect after the separation of WBD’s Global Networks division, Discovery Global, which is scheduled…
Paramount plans to keep Warner Bros largely intact after merger, Bloomberg News reports NewsX Source link