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    BroadcastingNewspapersThe Economic Times

    How Netflix won Hollywood’s biggest prize, Warner Bros Discovery

    Binu Mathew
    By Binu MathewDecember 6, 2025

    What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters.

    Netflix announced on Friday it had reached a deal to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion.

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