Netflix to purchase Warner Bros.
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Warner Bros. accepts Netflix's $82 billion bid to buy its Studios & Streaming business, which includes WB Games studios teams, games content, and IPs.
Netflix is making seismic shifts in the entertainment business that might eventually impact Bay Area movie theaters. Netflix announced on Friday that the streaming service struck a deal with Warner Bros.
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Warner Bros. Discovery considers licensing DC heroes to Universal Studios, other theme parks
More theme park rides based on Batman, Superman and DC Comic characters could come to other theme parks, including Universal Studios. As first reported by Bloomberg, Warner Bros. Discovery Inc. is in talks with theme park operators to license its DC comic-book heroes for new rides.
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.