Netflix will be purchasing the famous Hollywood studio, Warner Bros, in a $72 billion deal, but what will it mean for other Warner Bros streaming services?

On Friday, December 5, Netflix announced that it has agreed to acquire Warner Bros., including its film and television studios, HBO Max, and HBO . Warner bros is home of huge films, new and old, such as “Superman,” “Casablanca” and the “Harry Potter” franchise, as well as HBO’s iconic TV shows, including “Game of Thrones,” “The Sopranos” and “The White Lotus.”

This deal is valued at $27.75 per WBD share, with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion) according to Netflix. Comcast and Paramount also placed bids.

This deal sparks the question: What does that mean for subscribers who have

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