Pakistan, Dec. 5 -- Netflix has struck a landmark deal to acquire Warner Bros. Discovery's entertainment assets, a move that will significantly reshape content access and subscription models for millions of viewers worldwide.

The agreement, valued at around $28 per share, brings iconic brands like HBO, Warner Bros., and DC Comics under Netflix's umbrella, prompting discussions about pricing, content availability, and future streaming strategies.

For the next 12 to 18 months, Netflix and HBO Max will operate as separate platforms while technical integration and licensing adjustments take place, allowing users to gradually transition to the combined service.

Netflix plans to bundle HBO Max's premium content, including popular series like...