Netflix agreed to acquire Warner Bros. Discovery's film studio and HBO assets, including the streaming service HBO Max, in a deal valued at about $82.7 billion, debt included.The merger would bring HBO Max and Warner's film library, including the "Harry Potter" and "Batman" franchises and series such as "Friends", "Game of Thrones", "Euphoria", "The Gilded Age" and "The White Lotus" under Netflix, while Warner's global networks division will be spun off as Discovery Global.Regulators in multiple jurisdictions and the EU are reviewing the proposal with an expected timeline of 16–18 months, unions and critics protested over jobs and theatrical releases, and
Donald Trump and
Elizabeth Warren criticized the deal, with Warren calling it an "anti-monopoly nightmare" and the
White House flagging concerns about market dominance.