The bidding war to buy Warner Bros. continues, and companies like Netflix are revealing only minimal but key parts of their strategy. The streamer is making the heads of shareholders turn, as it has confirmed that if it were to win and acquire the studio that owns properties like the DCU and Harry Potter, it won't stop theatrical releases. WB still has agreements to release films in theaters, and Netflix would honor those contracts. Those following the bidding war closely know that this is reason enough to breathe a sigh of relief, at least for now.
Key Details of Netflix's Bid to Buy Warner Bros. Revealed
MovieWeb3 hrs ago
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