The Netflix logo on top of their office building in Hollywood, California, January 20, 2022. Roby Beck/AFP/Getty Images

This is a David and Goliath story – with a twist. Almost exactly 15 years ago today the owner of Warner Bros. and HBO pushed back on Hollywood and Wall Street hype about a streaming upstart named Netflix.

The 2010 quote from Jeff Bewkes in The New York Times is now infamous: “It’s a little bit like, is the Albanian army going to take over the world? I don’t think so.”

Well, as LightShed Partners analyst Rich Greenfield said Friday, “the Albanian army just took over the world.”

Here’s what you need to know about Netflix’s $72 billion deal for Warner Bros. and HBO.

What’s the deal?

Warner Bros. Discovery, which owns CNN, is moving forward with its plans to split int

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