It sounds like a simple merger deal, but it's got all the ingredients of a Hollywood drama: a rich and powerful suitor, political intrigue, and plenty of cliff-hangers. Netflix's deal to buy Warner Brothers Discovery's storied movie studio and popular HBO streaming networks is a real-life tale of a conquering giant. But with regulators and rivals still waiting in the wings, it's probably just the start of the saga. As the story unfolds, here are five key things to look out for.

1. **Netflix is becoming even more powerful**: Netflix has been pulling ahead in Hollywood for years now, ranking as the world's biggest streaming subscription service and largest producer of new content in California. This deal— the biggest in the industry for years— solidifies its position by amplifying its already formidable catalogue and subscriber base.

2. **It could mean prices go up... or down**: The implications for pricing remain uncertain as Netflix plans to incorporate Warner Bros' offerings into its existing service. This could result in bundled options or changes in pricing as the merger unfolds.

3. **Streaming is the future and Hollywood feels cast aside**: The acquisition represents a significant shift from traditional cinema, highlighting how streaming has redefined the entertainment landscape, leaving legacy media in a precarious position.

4. **The deal is not yet done**: Completion is contingent on several factors, including regulatory approval and the successful spin-off of parts of Warner Bros' business not included in the sale.

5. **Donald Trump is another wild card**: The potential influence of former President Trump on the merger process adds another layer of complexity, as political dynamics could play a decisive role in regulatory approval.