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    Netflix sends 'late night letter' to its 300 million subscribers

    2 days ago

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    Netflix is acquiring Warner Bros. in an $82.7 billion deal, bringing HBO Max and HBO under its umbrella. While assuring subscribers "nothing is changing today," the streaming giant anticipates a 12-18 month closing period. Despite Netflix's assurances of a pro-consumer move, politicians and industry groups have raised significant concerns about potential price hikes and job losses.
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