Image credits: DeviantArt We are in the midst of a streaming arms race and Netflix turned a cold war hot.   On the 5th of December 2025, Netflix, the streaming superpower, and Warner Bros. Discovery (WBD) announced a merger valued at $82.7 billion. Netflix was set to buy HBO, HBO Max, Warner Bros. Film and TV studios and the 110-acre studio lot in Burbank, California, established a century ago.   Since December this has been a story…