Netflix struck a massive deal to acquire Warner Bros. studios and HBO. The agreement was announced early Friday. It is valued at a staggering $82.7 billion. This move outbids competitors like Paramount. It fundamentally reshapes the media landscape. The sheer size of the deal guarantees intense scrutiny from regulators and industry observers. Regulatory and Integration Challenges Loom Large The merger must pass antitrust review globally. U.S. Senators from both parties have already voiced serious concerns. According to Reuters, European and Asian regulators will also examine the deal closely. Significant layoffs are expected if the deal closes. Hollywood unions are strongly…