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Global News Podcast

Netflix blockbuster deal

05 Dec 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

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This BBC podcast is supported by ads outside the UK. No fluff, no guessing. When CFA Charterholder is on that resume, it means something real. Intensive study, tough exams, relentless drive, true grit, a strong network. Hiring managers get it instantly. The CFA Charter is more than letters after a name. It's proof of discipline, resilience, and integrity under pressure.

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27.126 - 35.438 Unknown

It shows who you are before you even walk in the room. Explore what the Charterholder advantage looks like at cfainstitute.org.

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36.025 - 42.695 Davina Gupta

A scam exploiting vulnerable families with sick children. I would have done anything to get the medicine for Khalil.

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43.055 - 56.636 Unknown

The child is directed on camera to plead for help. I want to be a normal kid. I want to go to school. They were going to upload it to social media. Millions of dollars pour in, but the families never receive the money.

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57.177 - 62.505 Davina Gupta

He told us it wasn't successful. As I understood it, the video just didn't make any money.

62.565 - 65.509 Ankur Desai

They used to raise funds for their own benefit.

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World of Secrets, the child cancer scam from the BBC World Service. Listen now wherever you get your BBC podcasts. This is the Global News Podcast from the BBC World Service. I'm Ankur Desai at 16GMT. On Friday the 5th of December, these are our main stories.

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Netflix has agreed to buy Warner Brothers' streaming and studio business, potentially paving the way for a radical reshaping of the US media industry. President Putin says Russia is ready to provide uninterrupted fuel supplies to India, which is facing heavy US pressure to stop buying oil from Moscow. The German parliament has voted in favour of reinstating military service.

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It will be voluntary but could eventually become compulsory if too few people sign up. Also in this podcast, the largest study of the impact of deep sea mining has found that it causes significant damage to animal life on the ocean floor. And with economic reforms cancelled and national debt soaring, we hear from experts on the uncertain political future of France.

Chapter 2: What are the details of Netflix's blockbuster deal with Warner Bros Discovery?

488.693 - 509.346 Davina Gupta

We just heard how Mr. Putin said that he wants those fuel shipments to continue to come to India. because India has been buying almost 40% of its overall oil needs from Russia. So essentially sending billions of dollars to Russia through that trade. They're also firming up long-term supply deals for fertilizers or liquefied natural gas.

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509.386 - 526.212 Davina Gupta

And then there was also discussion about people-to-people movement, India easing visa rules. for Russians to come to India and also Russia asking for the skilled labor force like engineers and doctors to come to Russia to fill a labor shortage gap that the country is witnessing.

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526.473 - 538.212 Davina Gupta

We also saw some agreements at the business forum that I attended on education, agriculture and even natural mineral sites. So that's something that both countries are focusing on when it comes to trade.

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538.192 - 544.161 Unknown

And I guess underlying all of this, it does help to give Russia its finances for a war effort that it's currently undergoing.

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544.361 - 553.155 Davina Gupta

Well, that's the part that Delhi is finding harder to explain, because India's purchases of Russian crude have been a financial lifeline for Moscow.

Chapter 3: What is Russia's stance on fuel supply to India amid US pressure?

553.415 - 568.533 Davina Gupta

But it is because India is one of the biggest buyers for that. The West has been arguing that that money ultimately supports Russia's war economy, while India says it's acting in its own national interest. It wants to keep energy affordable for its billion-plus population.

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568.934 - 585.576 Davina Gupta

And it has been seeing that tension rising with its other trade partner, the U.S., which has slapped a 50 percent tariff, mainly due to its purchases of Russian crude, which continues. There has been some reduction in these purchases because the U.S. has sanctioned Russian oil refineries.

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586.197 - 594.235 Davina Gupta

But from today's press conference, it's clear that Mr. Putin wants that fuel supply to continue to India, and that will be a contentious issue.

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594.255 - 601.29 Unknown

And Davina, from Mr. Modi's perspective, what does he stand to gain and lose from this? And I'm also focusing on that relationship with the U.S. too.

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601.372 - 619.735 Davina Gupta

For Mr. Modi, it's a balancing act. On one hand, the Russia relationship is a longstanding one. India calls Russia its old ally from the Soviet era. It continues to make those defense purchases of fighter jets, defense systems for security and the energy purchases that we have talked about. On the other hand, India's ties with the U.S.,

619.715 - 638.301 Davina Gupta

have never been stronger, especially on technology and defence cooperation. It's looking to ink a bilateral trade deal and force Washington to walk back on those steep tariffs. So it's going to be trying to do that diplomatic tightrope when it comes to resetting trade ties with the US while maintaining the old alliance with Russia.

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Our Russia editor Steve Rosenberg looks at the broader image this projects. Red carpets, horses, there was a cavalcade, the multi-gun salute in this palatial surroundings. Judging by the reaction from the Russian media, that went down very well in Moscow, and Vladimir Putin will have loved that, because, again, this plays into him portraying himself as a big player on the international stage.

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If you go back four years, that tsunami of international sanctions imposed by Western countries on Russia... after the full-scale Russian invasion of Ukraine. And the message back then was Russia has to be isolated. Vladimir Putin must be turned into a pariah.

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The images that we saw in Delhi, the Russians will have loved that because, again, that portrays the criminal leader as right there centre stage in global politics. Steve Rosenberg. Next, the German parliament has voted to introduce voluntary military service aimed at boosting national defences after Russia's full-scale invasion of Ukraine. But the idea has divided young people.

Chapter 4: How might Netflix's acquisition impact the media landscape?

1547.079 - 1564.245 Bethany Bell

The fine can be up to 6% of annual turnover. The European Commission says it hasn't gone for that. It's gone for a modest fine that it feels is proportionate. What X has to do now is to start showing that it is prepared to comply with the law. And if it doesn't, it might face further fines down the line.

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Zoe Kleinman. Now to one of the biggest events in football. The draw for the 2026 FIFA World Cup takes place in Washington a little later. Donald Trump is due to play a prominent role in a star-studded ceremony that will mark out the path to glory for contenders at the first ever 48 team finals.

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The matches will be played in Canada, Mexico and the United States, which will host the bulk of the games. Next year's tournament will be expensive for fans, with FIFA introducing dynamic pricing. Ronan Evan is from Football Supporters Europe.

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This is going to be the most expensive World Cup ever, to the point that currently a lot of fans in Europe are considering whether they can afford to travel to the US. This was always going to be an expensive World Cup because of the distance, because of the cost of life in the US. But the one cost that FIFA had control over, which is the ticket prices, have completely spiraled into...

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Unprecedented price. We're talking now about at least $4,500 for anyone that would like to follow their team from the first game of the competition towards the final. There are also concerns that President Trump's immigration policy could deter some fans. Jamil Dakwa is the director of American Civil Liberties Union.

1642.036 - 1649.053 Ankur Desai

We have seen the deployment of the military, the militarization of law enforcement in major cities that will actually be hosting the World Cup.

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These are things that are happening in our country while we're supposed to welcome millions of people to the World Cup. For more on the draw, here's our sports editor, Dan Rowan.

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Taking place here at the Kennedy Center, just a mile away from the White House, there's a real sense that the draw will be a political as well as sporting occasion, featuring for the first time the awarding of a FIFA Peace Prize and the expected recipient, no other than the U.S. President Donald Trump himself, who will be among the attendees.

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He's forged a close bond with FIFA's president Gianni Infantino, but amid an intensifying immigration crackdown and a threat to strip some Democrat-run cities of host status over security issues, there's concern. Despite further fears over the cost of tickets facing fans, organisers insist this will be a welcoming event that boosts the US economy and grows the game.

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