What does the Netflix and Warner Bros. deal mean for you? Here's what experts predict about price hikes and more

• Netflix has announced a deal to buy Warner Bros. Discovery
• The deal is a massive shake-up for streaming, TV, movies, and theaters
• Experts have predicted price hike,s but also simpler streaming options

The streaming world is still reverberating from the bombshell news that Netflix has agreed a $72 billion deal to buy Warner Bros. Discovery.

The deal is far from complete – competition authorities could still intervene and scupper the merger. But if the deal does go through, as many experts expect, it will be one of the biggest shake-ups in the entertainment industry in decades.

Netflix would get not only the HBO Max streaming service, but also major franchises, including Harry Potter and Game of Thrones. It's massive news not just for streaming, but also for theaters and cinema.