Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.

Netflix became HBO faster than HBO could become Netflix. That's why Netflix is buying HBO. Here's what happens next.

Among the many burning questions about Netflix ‘s potential acquisition of Warner Bros. is: What would happen to HBO Max? Would customers continue to subscribe to both, or would it ultimately roll into Netflix?

In fact, HBO just put live a trailer for its latest Game of Thrones spinoff, A Knight of the Seven Kingdoms, which pretty nicely underlines why it's so well thought of. The trailer lays out a new series set 100 years before the main Game of Throngs saga, featuring an all-new cast of characters, and it'll start on 18 January 2026.

Netflix touted the deal in a press release. “Today, Netflix, Inc. (the Company) and Warner Bros. Discovery, Inc. (WBD) announced they have entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO,” Netflix wrote on December 5.

Sen. Chris Murphy warned Saturday that a bid by Netflix to purchase Warner Bros. Discovery -- a deal that would place HBO under Netflix's control -- would be "a disaster" for consumers, workers and the media landscape,

Adam Sandler's new Netflix movie "Jay Kelly" may very well be the first to earn him his first Oscar nomination for supporting actor come March. He steals the show in Noah Baumbach's latest winsome drama, "Jay Kelly," a deeply meta film about Hollywood that takes place almost entirely away from Hollywood.