Netflix is going to buy Warner Bros. ... and they are dropping an insane amount of cash in a move that most believe will reshape the entertainment industry. News broke Friday morning that Netflix agreed to purchase Warner Bros Discovery's TV, film studios and streaming division for $72 billion -- in a freaking cash and stock deal! As you know ... WB had a for sale sign out for a few weeks ... and a bidding war was underway, which included Paramount Skydance, along with the winner, Netflix.