Netflix may soon host HBO Max shows and movies, but only if its exclusive acquisition talks with Warner Bros. Discovery turn real, a development confirmed by Variety.

The Netflix and Warner Bros Discovery deal came in quicker than expected, but the regulatory part of the agreement may not see such a smooth road, according to a CNBC report.

Netflix executives touted the deal as creating jobs and giving the company's 300 million subscribers "more bang for their buck" by adding more content at a time when the administration is focused on a...