D
+1
NFLX breaks its own rules, makes an RMB 80bn bet to become No.1 in film & TV
On Dec. 7, the long-running WBD sale neared the finish line as NFLX emerged as the buyer. The company agreed to acquire WBD's assets excluding cable TV for $72bn and to assume $10.7bn of WBD debt.
The deal is still subject to regulatory approval due to antitrust concerns. About this acquisition...+1NetflixHot topic