Netflix-Warner deal sparks concern in India’s entertainment sector

Netflix’s proposed US$72 billion takeover of Warner Bros. Discovery is stirring concern across India’s entertainment sector, with local players warning that the deal could accelerate a shift away from cinemas and intensify competition in the streaming space. The deal – one of the biggest in the global entertainment industry in years – is expected to strengthen Netflix’s position at the top of the global streaming market by giving it a more extensive content library, including titles from the...