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The acquisition would give Paramount ownership of Warner Bros’ extensive library, its networks, and streaming services. If regulators approve, HBO Max subscribers would be integrated into Paramount’s platforms, while Paramount would also gain control of CNN, the Food Network, CBS, Nickelodeon, Comedy Central, and various sports channels.
MultiChoice remains Africa’s largest entertainment company, distributing the subscription streaming service Showmax alongside SuperSport channels, in addition to DStv and GOtv. The deal with Warner Bros. Discovery ensures subscribers continue accessing some of the most popular international channels on the continent.
At an event in Washington DC on Sunday, he said Netflix has a "big market share" and the firms' combined size "could be a problem".
Regarding the future of HBO, Netflix co-chief executive Greg Peters said the brand remains “important for consumers,” but noted that it is “quite early to get into the specifics of how we're going to tailor this offering for consumers.”
This milestone makes Sinners the second-highest grossing film of the year in North America, overtaking Marvel’s Captain America: Brave New World.