Netflix has bought him at a very expensive price whose movies you might have watched hundreds of times.

Netflix has bought him at a very expensive price whose movies you might have watched hundreds of times.

On December 5, a big deal was cracked in the entertainment industry and it was cracked by Netflix, after which now it is being discussed everywhere. Actually, the OTT platform has bought the big Hollywood company Warner Bros. Discovery at an expensive price.

After this deal, many legends of the entertainment industry will now come under one roof, which also includes big platforms like HBO Max. Let us know the special features of this deal.

Now the responsibility of Warner Bros will be on the shoulders of Netflix
Today Netflix has acquired the oldest studio associated with Hollywood. According to reports, this OTT platform has purchased Warner Bros. Discovery for 82.7 billion dollars.

Now after this deal, many big companies like Warner Bros. Studio, HBO Max and DC Studios will come under one roof. The world’s largest digital streaming platform gave this information by sharing a post on its X handle today.

Who will get how much benefit in this deal?
According to the report, this deal will be completed with a combination of cash and stock. According to the report of Hindustan Times, it was stated in the agreement that Warner Bros. Discovery will get shares at $27.75.

This means that every shareholder of the company will get a profit of $27.75. Citing reports, Hindustan Times said that the decision on this transaction has been taken jointly by the board of directors of Netflix and Warner Bros.

Netflix will have a wealth of content
After this deal, many Hollywood studios have come to Netflix. This will also be a big benefit for the OTT platform as it will no longer have any shortage of content variety.

Let us tell you, after purchasing Warner Bros. Discovery, Netflix has now also got the responsibility of HBO Max and DC Studios. This means that now Netflix has got a huge treasure of web series of superhero shows.



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