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A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesMovie theater operators woke up Friday to the possibility of a new world order.Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film studio and streaming service, bringing an end to a months-long bidding process that saw Paramount Skydance and Comcast also vying for the assets.With Netflix as the victor, exhibitors are in a panic. Unlike traditional movie studios, the streamer has not adhered to conventional theatrical distribution, and there are fears that…

After living abroad for a few years in Italy and Nepal, I was excited to move to Washington, DC, for graduate school.Although I never dreamed of living in DC specifically, I’d enjoyed attending college on the East Coast, so I expected to love the city.I imagined running down the National Mall next to cherry blossom trees, exploring museums, and discussing foreign affairs at cultural events on Embassy Row.Unfortunately, the reality of life in DC didn’t match what I imagined.After three years, I moved to San Diego, a city I’d never pictured myself living in, and was surprised to find that…

2025-12-05T16:13:48.479Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I’ve been working at Costco for 20 years and always look forward to checking out the newest items. This month, the warehouse has everything from cold-weather essentials to delicious seasonal treats. Items like a robotic vacuum, cozy slippers, a candle warmer, and an electric cooler caught my eye. One…

Health and Human Services Secretary Robert F. Kennedy Jr.’s handpicked vaccine committee voted on Friday to do away with the long-standing, universal recommendation that all babies receive a hepatitis B shot at birth, issuing weaker guidance for certain infants. The group, called the Advisory Committee on Immunization Practices, or ACIP, recommended that parents use individual decision-making in consultation with a health-care provider to determine when or if to give the hepatitis B birth dose to a baby whose mother tested negative for the virus. For babies who don’t receive the birth dose, the committee recommended that they wait to receive…

Netflix wants to buy Warner Bros. Discovery for $72 billion.It’s an astonishing story about business, culture, and technology. Back in 2013, Netflix was starting to make its own shows, and floating what seemed like an audacious ambition: “The goal is to become HBO faster than HBO can become us,” Netflix executive Ted Sarandos said.Now Netflix has a deal to buy HBO, along with the iconic Warner Bros. movie and TV studio. Amazing.But will Donald Trump let that happen?Because the fact that Netflix and WBD announced a deal Friday morning doesn’t necessarily mean that the deal will go through. It needs…

A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.Common Ground Collective, which has raised $11 million to drive change at City Hall years before the next mayoral election, is financing six-figure digital and streaming ads, including one that characterizes the proposed levy as $100 million in new taxes. The group is backed by Sacks, chairman of asset management firm GCM Grosvenor and a prominent Democratic donor, and has more than 100 contributors. Johnson, who is struggling to pass a budget…

2025-12-05T13:28:51.746Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Netflix agreed to buy Warner Bros. Discovery’s streaming and studios business in a $72 billion deal. Netflix will buy HBO Max and the Warner Bros. studio, but not WBD’s TV networks like CNN and TNT. Here is the memo WBD CEO David Zaslav sent to employees. Netflix is buying…

Living with your parents isn’t always the first option, but for Lindsey Gregory, it made the most sense. Not only are Gregory, her husband, their daughter, and her in-laws living under one roof, they bought a home together.While some people view living with their parents as a last resort or a safety net, Gregory saw it as an opportunity to strengthen her family.”For us, living this way was a choice,” Gregory wrote in an essay for Business Insider. “No one was ill or unemployed. But when there has been a job loss or expensive home repairs are needed, we’ve been…

For Gen Z starting out their careers, Goldman Sachs’ US equity chief has one key tip: figure out how you fit into the company machine.David Kostin, the firm’s longtime partner and chief US equity strategist, who will be retiring this year, shared his advice for young workers in his final appearance on “Goldman Sachs Exchanges” this week.”Think about one’s role and how that fits into the broader business environment,” he said.”If you understand where you sit and your contributions to the commercial process, then you can see how that changes over time,” he added.Kostin, who joined Goldman in 1994, credits…

Netflix is taking a massive swing at the future of entertainment, and Hollywood will never be the same.The streaming giant has agreed to buy Warner Bros. Discovery’s studio and streaming businesses for an equity value of $72 billion, the companies said on Friday. It’s by far Netflix’s biggest acquisition in its history and is one of the largest ever in the entertainment industry.”Warner Bros. has helped define the last century of entertainment, and together, we can help define the next one,” Netflix co-CEO Ted Sarandos on a call after the deal’s announcement.The seismic cash-and-stock deal, which has a total enterprise…