HOLLYWOOD, LOS ANGELES -- It's a mega deal for Hollywood -- Netflix is acquiring Warner Bros. for approximately $83 billion .

It's a deal that would put a lot of power in the hands of just one entertainment company.

Depending on where you stand, the iconic Netflix "Tadum" sound that plays with their logo before their original content could be considered the death knell for Warner Bros., or its wedding song.

Streaming giant Netflix has won the bidding war for Warner Bros. Discovery.

Either way, Netflix's offer to buy up Warner Bros. is beyond a big deal.

"The amount of content, the amount of platforms, the amount of eyeballs involved in this is mega-bucks on a mega-level," said Dominic Patten, the executive editor of Deadline.com.

The offer price of $82.7 billion would be the bigge

See Full Page