Netflix-WBD Deal: Reshaping India's Entertainment & Threatening Theaters

• Netflix acquired Warner Bros Discovery's premium content engine (HBO, Warner Bros Studios, DC Entertainment) for $83 billion.
• The deal positions Netflix as a dominant global streaming player, aiming for 33% of US streaming hours.
• In India, the acquisition strengthens Netflix's SVOD leadership and could boost average revenue per user.
• The deal poses a threat to multiplexes like PVR-INOX due to potential direct-to-OTT releases for major Hollywood films.
• Netflix seeks vertical integration, global scale, and $2-3 billion in annual savings through this acquisition.

Why It Matters: Netflix's mega-deal will redefine India's streaming and cinema landscape.