Warner Bros. Discovery is a global media and entertainment company based in New York City, employing 35,300 people and operating through Studios, Networks, and DTC segments. Its brands include HBO, DC, and Discovery Channel.
WBD has been in the news recently: Netflix Inc. is in exclusive talks to acquire Warner Bros. Discovery's key assets for approximately $82.7 billion, amid concerns from investors about the financial implications of the deal. This acquisition could have significant effects on Hollywood and the broader ETF market, depending on regulatory outcomes.
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