Netflix has struck a deal with Warner Bros Discovery to acquire the Hollywood giant`s studio and streaming business. The multibillion-dollar deal is believed to be valued at USD 72 billion (more than Rs 6 trillion). The acquisition was announced on Friday and is set to bring two of the industry`s biggest players in film and TV under one roof.

Warner Bros titles to come on Netflix

The deal unites Netflix’s global streaming service with Warner Bros` century-old library and major franchises. As a result, titles such as The Big Bang Theory, The Sopranos, Game of Thrones, The Wizard of Oz and the DC Universe will soon become part of Netflix’s catalogue.