What Netflix's deal to buy Warner Bros. means for one of Hollywood's oldest studios

Netflix has struck a nearly $83 billion deal to acquire Warner Bros. and HBO Max, beating out Paramount and Comcast after a bidding war. If finalized, it would unite the world’s largest streamer with one of Hollywood’s oldest studios. The move raises questions about the future of theatrical releases and concerns about market concentration. Geoff Bennett discussed more with Matthew Belloni of Puck. Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok:   / pbsnews   X (formerly Twitter):   / newshour   Instagram:   / newshour   Facebook: http://www.pbs.org/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe