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The Warner Bros. deal has the town on edge.
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Hollywood fears job cuts as opposition to Netflix-Warner deal grows Financial TimesAngst Turns to Anger in Hollywood as Netflix Hooks Warner Bros. The New York TimesNetflix Breaks Its Silence, Sends Clear Message to Customers Men's JournalFormer Amazon exec warns Netflix-WBD deal will make Hollywood 'a system that circles a single sun' FortuneNetflix has a big unanswered question. That may kill its Warner Bros. deal CNN
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The cash-and-stock deal would give the world's largest paid streaming service expansive power over theater owners and entertainment-industry unions.
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The deal, valued at around $80 billion, would create an entertainment and streaming behemoth. CNN and other cable channels owned by Warner Bros. are not part of the deal and would be spun off.
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