Netflix has struck a groundbreaking deal to acquire Warner Bros Discovery's TV, film studios, and streaming division in a transaction valued at $72 billion. This strategic acquisition aims to sway the balance of power in Hollywood towards the streaming giant, with prized franchises such as Game of Thrones and DC Comics now under Netflix's wings.

Despite this monumental agreement, Netflix is gearing up for stringent antitrust scrutiny in both Europe and the United States. The deal reportedly values Warner Bros Discovery at $27.75 per share, accumulating to $72 billion in equity and a total of $82.7 billion when including debt. Netflix has also included a substantial $5.8 billion breakup fee as part of the agreement.

Analysts suggest that regulatory hurdles could necessitate asset sales to

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