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flag Netflix's $82.7B deal to buy Warner Bros Discovery's streaming and studio assets faces a March shareholder vote, aiming to expand its content and reach 500M subscribers by Q3 2026.

flag Warner Bros Discovery plans a March shareholder vote on its $82.7 billion deal to sell streaming and studio assets to Netflix, pending final proxy filing, with regulators expected to scrutinize competition concerns. flag If rejected, Paramount Skydance may push to replace WBD’s board, following its rejected $108.4 billion bid. flag Netflix aims to boost its content library with major franchises like Batman and Friends, potentially making it the world’s largest streaming service with around 500 million subscribers. flag The deal, expected to close in Q3 2026, could reshape the U.S. streaming market, giving Netflix 30.7% market share, though it triggered a 9% drop in Netflix’s stock due to concerns over $52 billion in new debt.

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