Netflix and Warner Bros. deal is far from a sure thing
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How Netflix's $82.7 billion takeover of Warner Bros will reshape the business, end streaming wars and likely bring another culture clash.
Netflix is also reportedly offering between $28 and $30 per share in its bid, which works out to $70-75 billion (Bloomberg puts the per share figure at $30). Netflix has beaten out Paramount and Comcast (owner of Universal) to the deal.