Netflix has made a deal to buy Warner Bros. for something like $83 billion . (And here I was thinking I was looking good with my $81 billion bid. I was so close!) If it the deal passes governmental regulatory approval (which is not necessarily a certainty) it would combine two of the biggest media conglomerates in the world into a single, even more massive entity.

Part of what would make the combined Netflix/Warner Bros. company so huge would be its control over both studios’ intellectual properties. Netflix — which already has its own hits like Stranger Things , Bridgerton , Squid Game , and Wednesday — would gain access to Warners’ own franchises, which include some of the most beloved movies and TV series on the planet.

Again, nothing is final as of this moment.

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