It's Hollywood's biggest plot twist of the year.
Netflix bought Warner Brothers.
It's world business express from the BBC World Service.
I'm Liana Byrne.
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the country's largest airline causes chaos for passengers for a fourth day running.
We start with a marriage of two of Hollywood's biggest names.
Netflix has confirmed it is buying Warner Brothers Discovery.
This is a big day.
We're really beyond excited to welcome Warner Brothers to Netflix.
It sure is.
That is the co-CEO of Netflix Ted Sarandos who made the agreement to buy Warner Brothers Discovery's profitable streaming and studio business in a deal worth more than 80 billion dollars.
I know some of you are surprised that we're making this acquisition and I certainly understand why.
Over the years, we have been known to be builders, not buyers.
We already have incredible shows and movies and a great business model.
And it's working for talent, it's working for consumers, and it's working for shareholders.
But this is a rare opportunity that's going to help us achieve our mission to entertain the world and to bring people together through great stories.
Ross Benet, she is senior analyst, covering TV and streaming for eMarketer,
and he told me his reaction to the deal.
Yeah, I was a little surprised just because...