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Netflix
about.netflix.com › en › news › netflix-to-acquire-warner-bros
Netflix to Acquire Warner Bros. Following the Separation of Discovery Global for a Total Enterprise Value of $82.7 Billion (Equity Value of $72.0 Billion) - About Netflix
HOLLYWOOD, Calif., Dec. 5, 2025 -- Today, Netflix, Inc. (the Company) and Warner Bros. Discovery, Inc. (WBD) announced they have entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television ...
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BBC
bbc.com › news › articles › ce91x2jm5pjo
Netflix to buy Warner Bros film and streaming businesses for $72bn
1 week ago - Netflix has agreed to buy the film and streaming businesses of Warner Bros Discovery for $72bn (£54bn) in a major Hollywood deal. The streaming giant emerged as the successful bidder for Warner Bros ahead of rivals Comcast and Paramount Skydance ...
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BBC
bbc.com › news › articles › cx25039ddlro
Netflix-Warner Bros: Five takeaways from the blockbuster deal
4 days ago - Netflix is buying Warner Brothers' streaming services, including HBO, known for shows like Game of Thrones

potential business transaction

Since late 2025, Warner Bros. Discovery (WBD) has drawn multiple acquisition offers from several entertainment companies. On October 21, 2025, the WBD Board announced it would consider a "broad range of alternative … Wikipedia
Factsheet
Target Warner Bros. Streaming & Studios (Netflix Inc.)
Warner Bros. Discovery (Paramount Skydance)
Type Partial acquisition; spin-off of Global Linear Networks (Netflix Inc.)
Full acquisition (Paramount Skydance)
Factsheet
Target Warner Bros. Streaming & Studios (Netflix Inc.)
Warner Bros. Discovery (Paramount Skydance)
Type Partial acquisition; spin-off of Global Linear Networks (Netflix Inc.)
Full acquisition (Paramount Skydance)
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
16 hours ago - Netflix emerged victorious in the bidding war and announced its deal with WBD to acquire its streaming and studios division (which includes assets like Warner Bros., HBO/HBO Max, DC Studios/DC Entertainment, and the company's media library) ...
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CNN
cnn.com › 2025 › 12 › 05 › media › netflix-deal-warner-bros
Netflix announces deal to buy Warner Bros. and HBO | CNN Business
1 week ago - Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion, plus debt.
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Variety
variety.com › 2025 › tv › news › netflix-to-acquire-warner-bros-82-7-billion-deal-1236601034
Netflix to Buy Warner Bros. and HBO Max in $82.7 Billion Deal
5 days ago - Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., including its film and TV studios, its gaming business, HBO Max and HBO. The deal has a total enterprise value (including debt) of approximately $82.7 billion, ...
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Reuters
reuters.com › legal › transactional › netflix-agrees-buy-warner-bros-discoverys-studios-streaming-division-2025-12-05
Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion | Reuters
1 week ago - Netflix on Friday agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.
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Variety
variety.com › 2025 › film › news › why-netflix-buying-warner-bros-ted-sarandos-1236604802
Why Netflix Is Buying Warner Bros., Why Paramount Launched Hostile Bid
2 days ago - 5, Netflix landed a whale of a deal that sent shock waves through the community. The streamer that has upended traditional Hollywood is planning to join the ranks of studio owners with an $87.2 billion agreement to acquire Warner Bros.
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USA Today
usatoday.com › story › money › 2025 › 12 › 08 › netflix-warner-bros-deal-streaming-cable-trump-merger › 87667647007
Here's what the Netflix-Warner Bros. deal means for your streaming life
1 week ago - Netflix says it will buy Warner Bros. Discovery for $72 billion, one of the most colossal mergers in recent Hollywood history. The deal is sure to shift the streaming landscape. It gives the streaming giant control of rival HBO Max and a storied ...
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Yahoo! Finance
finance.yahoo.com › news › netflix-to-acquire-warner-bros-studios-and-hbo-max-in-landmark-72-billion-deal-131724863.html
Netflix to acquire Warner Bros.' studios and HBO Max in landmark $72 billion deal
1 week ago - Netflix will acquire Warner Bros. for $72 billion, uniting Hollywood’s most iconic studio with the world’s largest streamer in a landmark deal that reshapes the future of entertainment.
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WIRED
wired.com › culture › netflix › buying warner bros. gives netflix what it’s always needed: an identity
Buying Warner Bros. Gives Netflix What It’s Always Needed: An Identity | WIRED
1 week ago - Now, it’s made its smartest move yet, dropping $83 billion to buy itself a whole new personality. On Friday, the streaming giant announced it will be acquiring Warner Bros. in a deal that gives Netflix the studio’s film and television operations ...
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NYTimes
nytimes.com › 2025 › 12 › 05 › business › warner-brothers-discovery-netflix.html
Netflix to Buy Warner Bros. in $83 Billion Deal to Create a Streaming Giant
1 week ago - ... Netflix has never tried an acquisition even remotely close to this size.Credit...Mario Tama/Getty Images ... Dec. 5, 2025 ... Netflix announced plans on Friday to acquire Warner Bros...
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TIME
time.com › business › media › what to know about netflix’s massive—and controversial—deal to acquire warner bros.
What to Know About Netflix's Deal to Acquire Warner Bros. | TIME
1 week ago - The streaming giant has reached an agreement to buy Warner Bros., including its film and television studios, HBO, and HBO Max, at a value of about $82.7 billion, Netflix said in a press release announcing the news on Friday.
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NBC News
nbcnews.com › business › media › netflix-to-buy-warner-bros-rcna247510
Netflix agrees to buy Warner Bros. and HBO Max, creating streaming titan
Discovery said Friday it has agreed to sell its movie, television and streaming assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern Hollywood history.
Published   1 week ago
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CNBC
cnbc.com › 2025 › 12 › 08 › paramount-skydance-hostile-bid-wbd-netflix.html
Paramount Skydance launches hostile bid for WBD after Netflix deal
1 week ago - Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
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Los Angeles Times
latimes.com › entertainment-arts › business › live › warner-bros-sale-netflix-hollywood-paramount-what-to-know
Netflix–Warner Bros. merger: How the deal could reshape streaming in 2025 - Los Angeles Times
1 week ago - Netflix prevailed in a contentious bidding war to buy Warner Bros., agreeing to pay $72 billion for the storied Burbank film and television studios, its spacious lot, HBO and the HBO Max streaming service.
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IndieWire
indiewire.com › news › business › netflix-buying-warner-bros-hbo-and-hbo-max-faq-1235165082
Netflix Is Buying Warner Bros., HBO, and HBO Max (FAQ)
1 week ago - Just hours later, on early Friday ... Warner Bros. Discovery have entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO, and HBO Max....
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USA Today
usatoday.com › story › money › 2025 › 12 › 05 › netflix-to-buy-warner-bros-discoverys-studios-for-72-billion › 87619918007
Netflix to buy HBO Max-owner Warner Bros. What we know so far.
1 week ago - A combined Netflix and Warner Bros. Discovery could further tilt the power balance in Hollywood in favor of the streaming giant, helping it ward off competition from Walt Disney and the Ellison family-backed Paramount. "If this deal makes it through regulatory approval, Netflix will cement itself as the Goliath of streaming services now with the combined weight of HBO Max and the content studios behind it all," said Mike Proulx, research director at Forrester, a tech advisory firm.
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Polygon
polygon.com › home › news › netflix to buy warner bros. and hbo for $82.7b
Netflix to buy Warner Bros. and HBO for $82.7 billion
1 week ago - Netflix has won the bidding war to acquire Warner Bros., beating out rival bids from Comcast (the owner of Universal) and Paramount. Netflix will pay $82.7 billion for the storied studio.