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Netflix's $82.7B Deal To Acquire TNT's Parent Company Puts Sports Strategy in Spotlight

Netflix CEO Greg Peters said the $82.7 billion Warner Bros. Discovery deal will “accelerate our business,” but it also reshapes sports. Netflix gains TNT Sports’ production muscle while WBD’s live-rights arm spins into Discovery Global. That comes as Netflix adds a Christmas Day NFL doubleheader, new MLB events, and a FIFA World Cup studio show to its global lineup.