Discovery

Netflix today announced that it will acquire Warner Bros. Discovery's vast studios and streaming operations for $82.7 billion. The transaction will see Netflix acquire Warner Bros., HBO, and HBO Max in a cash-and-stock deal valued at $72 billion in equity and $82.7 billion, including debt (via Reuters). The acquisition gives it control of major franchises, including DC, Game of Thrones,...

Apple is interested in buying Warner Bros. Discovery's extensive back catalog of content for Apple TV, Bloomberg reports. Warner Bros. Discovery owns HBO, CNN, Warner Bros., DC Entertainment, Discovery Channel, Cartoon Network, and many more brands. The media company is responsible for thousands of major TV shows and movies. Now, it is reportedly interested in being acquired by another big...

Discovery and Viacom are in discussions with Apple to be included in its rumored streaming TV service, reports The Wall Street Journal. The partnerships could see mid-tier channels such as Discovery Channel, Animal Planet, TLC, MTV, Comedy Central and Nickelodeon available through the subscription-based service on devices including the iPhone, iPad and Apple TV. The Wall Street Journal...