Netflix strikes £54bn deal to buy Warner Bros studios

Commenting on the deal Danni Hewson, head of financial analysis at AJ Bell, said: “Netflix had quickly emerged as the frontrunner to take over the ailing Warner Bros Discovery’s film and TV studios, so it came as no big surprise to learn it had got the 72 billion deal over the line. But the handshake is the easy bit, getting it past regulators is likely to be considerably more difficult, especially when you consider the political temperature.