By Jody Godoy NEW YORK, Dec 12 (Reuters) - Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s studios and HBO Max will face scrutiny from U.

Netflix announced a $72 billion deal to acquire Warner Bros. Discovery. If the deal goes through will Netflix and HBO Max merge? Here's what we know.

A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

Netflix plans to acquire certain assets of Warner Bros. for a total enterprise value of roughly $83 billion.

After weeks of an intense bidding process, Netflix is picking up one of Hollywood's oldest studios in a game-changing deal.

Iger weighed in as Netflix and Paramount Skydance square off in a high-stakes battle for control of Warner Bros. Discovery.

Now that Netflix has reached a deal to acquire Warner Bros. Discovery, does this mean it will cost more to subscribe to HBO Max?