Film and television industry entities including guilds and the lobbying group for movie theater owners criticized the deal, warning it would harm consumers and cinema owners.

xNew York: Netflix's $72 billion deal to acquire Warner Bros. studio and its film and television operations drew quick reactions Friday.

Film and television industry entities including guilds and the lobbying group for movie theater owners criticized the deal, warning it would harm consumers and cinema owners.

In announcing the deal, Warner Bros. and Netflix executives touted the deal's benefits. Warner Bros. Discovery CEO David Zaslav said the deal “will ensure people everywhere will continue to enjoy the world’s most resonant stories for generations to come,” while Netflix co-CEO Ted Sarandos said it would “give

See Full Page