Netflix co-CEOs Ted Sarandos and Greg Peters are standing firm on their company’s acquisition of Warner Bros. and HBO Max, insisting the deal will survive a rival bid and continue to support movie theaters.

Netflix’s €71.2bn takeover of Warner Bros Discovery sparks clarity on HBO Max’s future, with CEO David Zaslav confirming the platform will remain available as a standalone service.

Netflix announced a $72 billion deal to acquire Warner Bros. Discovery. If the deal goes through will Netflix and HBO Max merge? Here's what we know.

Netflix frontrunner in race to buy Harry Potter, DC Universe, and HBO Max owner Warner Bros. Netflix is reportedly just days away from buying Harry Potter, DC Universe, and HBO Max owner Warner Bros., after entering exclusive deal talks for the company’s studio and streaming assets.

The answer, at least for now, is murky. According to Variety, Netflix has “signaled” that it will keep HBO Max as a “discrete service,” but in a press release announcing the deal, it also talked about “adding the deep film and TV libraries” of Warners, HBO, and HBO Max to Netflix’s catalog.

After weeks of an intense bidding process, Netflix is picking up one of Hollywood's oldest studios in a game-changing deal.

Warner Bros. Discovery CEO David Zaslav told employees that "HBO Max will stay" after Netflix buys Warner Bros. and HBO in a media mega-merger.

"Paramount continues to adhere to the parties’ contract by delivering new South Park episodes to HBO Max, although Warner Bros Discovery has failed and refused to pay license fees that it owes to Paramount for episodes that have already been delivered, and which HBO Max continues to stream."

Netflix has announced that it will acquire Warner Bros. in a massive $82.7 billion dollar deal, and will own Warner Bros.' film and TV studios plus HBO and HBO Max.

Netflix is set to purchase legendary Hollywood studio Warner Bros. in a deal worth billions. Here's what it means for your favorite shows and films.