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Netflix to buy Warner Bros. in $72 billion cash, stock deal

Prior to the closing of the sale, Warner Bros. will complete the planned spinoff of its networks division, including CNN, TBS and TNT.

Lucas Shaw

Simmons joined Spotify in 2020 when the streaming service purchased his company, the Ringer, for about $250 million.

Most analysts believe the boost from the password crackdown is temporary, and that Netflix will soon need to find another way to grow.

The company is in talks with BuzzFeed Inc., owner of the series featuring celebrities eating ever-spicier chicken wings while chatting with host...