India, Dec. 7 -- Netflix buying Warner Bros Discovery has been the biggest news in global entertainment over the last couple of days. The streaming giant has finalised a $82.7 billion deal to acquire the major Hollywood studio and its entire library. This has sparked concern among moviegoers and industry insiders about the future of theatrical releases from the WB slate as well as their streaming site, HBO Max.

Netflix appeared to reassure their 82 million subscribers that 'nothing is changing' in a carefully-worded e-mail sent on Saturday night. The e-mail details the deal and explains that a lot is left to be negotiated before the dotted line is signed.

"We've recently announced that Netflix will acquire Warner Bros., including its fi...