Jonathan Fuge is a writer and editor at MovieWeb. A Film Studies graduate and all-round movie lover, he has written for a variety of different entertainment websites before finding a home at MovieWeb.
Amid the news that 
Netflix has offered the winning bid to acquire Warner Bros. Pictures and the sheer volume of iconic franchises that they hold, the streamer has now issued a statement assuring audiences that the move will “give audiences more of what they love and help define the next century of storytelling.” The statement comes as we await to find out whether the buyout will go through, with Ted Sarandos, co-CEO of Netflix, saying…
“Our mission has always been to entertain the world. By combining Warner Bros.’ incredible library of shows and movies—from timeless classics like Casablanca and Citizen Kane to modern favorites like Harry Potter and Friends—with our culture-defining titles like Stranger Things, KPop Demon Hunters and Squid Game, we’ll be able to do that even better. Together, we can give audiences more of what they love and help define the next century of storytelling.”
“This acquisition will improve our offering and accelerate our business for decades to come,” continued Greg Peters, co-CEO of Netflix. “Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities. With our global reach and proven business model, we can introduce a broader audience to the worlds they create—giving our members more options, attracting more fans to our best-in-class streaming service, strengthening the entire entertainment industry and creating more value for shareholders.”
More to come…
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