Netflix's proposal includes Warner Bros' studio and streaming networks, leaving the rest of the company to be spun off as an independent company. Its offer values those holdings which include brands such as Warner Bros, New Line Cinema, and HBO Max, at $82.7bn, including debt.

Hold onto your cabbages because Netflix’s live-action “Avatar: The Last Airbender” is back. Netflix has debuted the first trailer for Season 2, which will release on the streamer in 2026. The live-action series is a faithful adaptation of the popular animated Nickelodeon show from the 2000s.