The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously,

Netflix co-CEO Ted Sarandos says Netflix will still support Warner Bros movies in theaters, though windows may evolve after their acquisition.

The Hollywood Teamsters ‘ boss Lindsay Dougherty joined several other union leaders in raising alarm bells Friday regarding Netflix’s plans to acquire Warner Bros. in an $82 billion deal.

And this time, Shelby (Cillian Murphy) and the rest of the Peaky Blinders will also be in theaters: Netflix is giving the Peaky Blinders movie a theatrical release, albeit a limited one. As Netflix is sometimes,

Discovery, Jane Fonda, on behalf of the Committee for the First Amendment, denounced the deal as a "constitutional crisis" that could destroy Hollywood. "Today's news that Warner Bros. Discovery has accepted a purchase bidis an alarming escalation of the consolidation that threatens theentire entertainment industry,

A senior British TV producer said the takeover was “very bad” for the industry, sharing a link to a Jane Fonda op-ed in another trade in which the Oscar-winner said it would mean “fewer jobs, fewer opportunities to sell work, fewer creative risks, fewer news sources and far less diversity in the stories Americans get to hear.”

Warner Bros. Discovery is set to establish an Integration Office, in which company planning will be coordinated with Netflix, within regulatory requirements, according to a memo sent to WBD employees Friday.

In a deal worthy of the high-flying wheelers and dealers on HBO shows like “Succession” and “Industry,” Netflix is moving to buy Warner Bros. Discovery’s studio and streaming assets—including HBO, HBO Max and the Warner Bros.