Netflix’s acquisition of Warner Bros. for $82.7 billion has the potential to shake up the entertainment world in countless ways. Its impact will be felt in the worlds of film, television, streaming, movie theaters, and more. But it could potentially have one of its largest impacts on the world of comic books, where there are really just two big companies — and Netflix now controls one of them.

The press release noting the purchase of Warner Bros. calls out several “beloved franchises” controlled by WB that would now become subsidiaries of Netflix. It specifically calls out “the DC Universe ” as one of the key things that would “join Netflix’s extensive portfolio.”

In other words: Netfix would now own DC Comics, the nearly century old company that serves as the home to such classic com

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