In a statement, Warner CEO David Zaslav said the revised agreement "brings us even closer to combining two of the greatest storytelling companies in the world."
Netflix intensifying bid for Warner Bros., making its $72 billion offer all cash
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"Today's announcement combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love to watch the most," Warner Bros. Discovery President and CEO David Zaslav said. "For more than a century, Warner Bros. has thrilled audiences, captured the world's attention, and shaped our culture. By coming together with Netflix, we will ensure people everywhere will continue to enjoy the world's most resonant stories for generations to come."
Netflix to buy Warner Bros. in cash-and-stock deal worth almost $83 billion
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