Netflix defended its announced acquisition of Warner Bros. Discovery's studio and streaming business, saying it wouldn't be a failure like other media mega-mergers that have come before it. "It's true. Historically, many of these mergers haven't worked. A lot of these failures were because the companies doing the a didn't understand the entertainment industry," Netflix co-CEO Greg Peters said, speaking during a call Friday with investors to discuss the deal. "These are key businesses we understand."Another ...