Netflix to acquire Warner Bros. film studioDiscovery for $82.7 billion

Netflix streaming service to acquire Warner Bros. film studio Discovery for $82.7 billion This was announced on December 5 on the service's website.

"Today, Netflix, Inc. (company) and Warner Bros. Discovery, Inc. (WBD) has announced the conclusion of a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios HBO Max and HBO <...> with a total enterprise value of approximately $82.7 billion," the statement said.

According to Netflix, this deal will be able to combine two leading entertainment businesses. It is noted that many film studio franchises, including "The Big Bang Theory", "Game of Thrones" and others, will be included in the Netflix portfolio. As the co-CEO of the streaming service noted, the agreement will contribute to the accelerated development of the joint business "for decades to come."

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On November 3, Bloomberg reported that OpenAI had entered into an agreement with Amazon Web Services (AWS) worth $38 billion. According to the agency, under the seven-year contract, OpenAI will gain access to hundreds of thousands of Nvidia GPUs hosted in AWS cloud centers.

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