Netflix Is Acquiring Warner Bros. And Its Games Division, Including Netherrealm, Rocksteady, And More

Warner Bros. Discovery has been shopping around for a new owner the past few months, and this morning, they entered negotiations with a new winner; Netflix won over Paramount and Comcast. The deal, which combines cash and stock, will see the Stranger Things streaming service acquire Warner Bros. for $82.7 billion, while Discovery Global will spin off into a separate, independent company before the acquisition. Warner Bros. owns many major media brands, such as HBO and DC, as well as Warner Bros...