Photos of Netflix's Ted Sarandos & Greg Peters on the Warner Bros lot sure look like guys about to handed the keys to a iconic kingdom

Netflix leadership has said the proposed combination would remain pro-consumer and pro-competition, noting that a combined Netflix and Warner Bros. would still trail rivals in US TV viewership share

Industry concerns over Netflix acquiring Warner Bros. has led executives to address fears regarding jobs and theatrical releases.

It took just six weeks between the first phone call between Ted Sarandos and David Zaslav and the streaming giant inking its $82.7 billion deal for the studio empire.

Netflix’s $83bn (£62bn) move for the streaming and studio assets of Warner Bros Discovery marks a turning point in the global industry. The Ted Sarandos and Greg Peters-led company has, to date, grown into the biggest streamer in the world organically.

Netflix’s roundhouse $82.7 billion acquisition of Warner Bros. Discovery’s studio, HBO and streaming assets has proved a corkscrew punch for Hollywood this morning, but the CEOs in the ring are respectively telling their staff to chill,

Netflix co-CEOs Ted Sarandos and Greg Peters addressed the Warner Bros deal, being "fully committed" to theatrical releases, and more.

Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide.