Reuters | Instant view: Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion

DAVID O’HARA, MKI PARTNERS, NEW YORK “The review will likely be slow and uncomfortable, but the backdrop is still a crowded market where Disney+, Prime Video, Apple TV+ and others hold real share. The main structural issue sits around HBO and, if pressure intensifies, HBO or a defined streaming package might have to be sold to cut overlap and make clearance easier.”

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