Share This Article
Netflix has agreed to an $83bn takeover of Warner Bros Discovery, transforming the streaming company into the dominant player in Hollywood and capping its relentlessly disruptive rise since it was founded as a DVD rental service almost three decades ago.
However, such deals are rare for Netflix — the company has typically focused on building its own content and capabilities. So what prompted this major strategic shift?
#netflix #warnerbros #streaming #media #shortsvideo #shortfeed #shorts #shortsviral #shortsyoutube #shortsvideos
► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes
► Follow us on Instagram: https://www.tiktok.com/@financialtimes
