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Netflix Expects Merger with Warner Bros Discovery to Lower Streaming Platform Fees: Rumor
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While in negotiations to acquire Warner Bros Discovery (WBD.US)'s production studios and streaming media division, Netflix (NFLX.US) expects to lower streaming platform fees with a bundle including both Netflix and HBO Max, Reuters reported, citing sources. Sources disclosed that Netflix aims to alleviate regulatory concerns that merging two major streaming platforms might reduce consumer choice and lift prices. However, the potential merger is unlikely to markedly expand market share, given that the vast majority of HBO Max users have also subscribed to Netflix. AAStocks Financial News |
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