Netflix's WB Deal: Harry Potter, DC & Box Office Hits Fuel Streaming Empire

• Netflix's deal with Warner Bros grants it rights to major IPs like Harry Potter and DC.
• The deal highlights the enduring value of theatrical hits, with Barbie's $1.45B worldwide haul proving original blockbusters are WBD's goldmine.
• Warner Bros' reliable mega-franchises include Harry Potter ($7.6B worldwide) and The Dark Knight trilogy (over $2.8B).
• Netflix's post-merger strategy aims to maximize this catalogue by turning theatrical hits into high-value streaming content.

Why It Matters: Netflix acquiring Harry Potter and DC IP significantly boosts its content.