Sky News: Netflix agrees blockbuster $72bn deal for Warner Bros studios

David O’Hara, managing director at the advisory firm MKI Global Partners, said of the proposed deal: “The 12-18 month timeline signals a long antitrust review, but despite the overlap between Netflix and HBO Max, there is a path to approval through possible HBO divestment.

“Netflix would not accept a $5.8bn break fee if it didn’t see at least a small chance of the deal closing.”

Published by and image courtesy of Sky News