Netflix's $82.7B Warner Bros. Deal Sparks Monopoly Fears, Regulatory Scrutiny

• Netflix announced an $82.7 billion deal to acquire Warner Bros. Discovery's film/TV studios, HBO, and HBO Max.
• The acquisition faces significant backlash from multiplex associations, politicians, and rival entities.
• Concerns are rising over potential monopolistic behavior, as the combined entity could control 56% of global streaming mobile app users.
• Regulatory hurdles loom, with the US Department of Justice preparing an antitrust review of the merger.
• The Writers Guild of America urged regulators to block the merger, citing negative impacts on jobs, wages, and content diversity.

Why It Matters: A Netflix-Warner Bros deal could create a streaming monopoly, affecting prices and content.