Warner Bros.’ studios are world-class, with Warner Bros. recognized as a leading supplier of television titles and filmed entertainment. HBO and HBO Max also provide a compelling, complementary offering for consumers. Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.

The entertainment world is still processing Netflix’s massive $82.7 billion purchase of Warner Bros., a studio with more than a century of theatrical history behind it. The deal folds giants like HBO,

After weeks of an intense bidding process, Netflix is picking up one of Hollywood's oldest studios in a game-changing deal.

Netflix leaders Ted Sarandos and Greg Peters sent a memo to staff on Monday. They confirmed the $82.7 billion purchase of Warner Bros and HBO Max. The deal prom