HOLLYWOOD, Calif., Dec. 5, 2025 -- Today, Netflix, Inc. (the Company) and Warner Bros. Discovery, Inc.

2 hours ago - Warner Bros. Discovery recently announced an $83 billion deal to sell a large part of its business to Netflix. Warner Bros. said Netflix offered a better deal for its shareholders than Paramount’s $108 billion bid to acquire the full company.

13 hours ago - Netflix Inc. refinanced part of a $59 billion bridge loan with cheaper and longer-term debt, bolstering the financial package underpinning its bid for Warner Bros. Discovery Inc.

12 hours ago - The deal, which includes HBO and HBO Max, is expected to close after Warner Bros spins off its Global Networks unit in the third quarter of 2026. The company announced the split in mid-2025 to separate high-growth streaming and studio assets ...

2 hours ago - But Warner Bros investors, including ... with deal terms. Under the Netflix agreement, Warner Bros would owe Netflix $2.8 billion as breakup fee if it walks away from that deal....

13 hours ago - The streaming giant got a $5 billion revolving credit facility and two $10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros. bid, according to a filing on Monday.

1 day ago - Netflix (NFLX 1.23%) made a big splash recently, announcing its intent to acquire certain assets from Warner Bros. Discovery, including the company's film and television studios, as well as HBO and its associated streaming service HBO Max.

11 hours ago - The deal, which includes HBO and HBO Max, is expected to close after Warner Bros spins off its Global Networks unit in the third quarter of 2026. The company announced the split in mid-2025 to separate high-growth streaming and studio assets ...

5 hours ago - On the night of Dec. 3, lawyers from Quinn Emanuel Urquhart & Sullivan sent a letter to Warner Bros. Discovery Inc., expressing “serious concerns about the fairness and adequacy” of the company’s sale process. Their client, David Ellison, chairman and chief executive officer of Paramount Skydance Corp., had been pursuing Warner Bros. for months and was worried the deal was slipping through his fingers.

2 weeks ago - Netflix said it hoped to complete the deal within the next 18 months. But executives are coy about how - or whether - they plan to incorporate Warner Brothers and its flagship HBO brand into the existing Netflix service.

On December 5, Netflix and WBD announced a fully negotiated and financed definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.

8 hours ago - Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn't be bidding any higher.

7 hours ago - Netflix secured new bank financing for $25 billion to replace part of the cash commitment under its previously disclosed bridge loan to acquire Warner Bros.

12 hours ago - Paramount offered $30 per share for WBD, including CNN and the rest of its cable channels. Netflix offered $27.75 per share for Warner Bros.

5 days ago - Ted Sarandos, Netflix's co-chief ... to Warner Bros shareholders, Netflix reiterated its stance that its bid for Warner Bros involves a clearer funding structure and less regulatory risk....

9 hours ago - The new offer of Warner Bros. Discovery for Paramount would now be $33 per share for $90 billion, while the new offer of Warner Bros. for Netflix would now be $30.75 per share for $86 billion.

2 hours ago - Netflix’s shares rose modestly early Tuesday as it replaced a significant portion of its $59 billion bridge loan for its Warner Bros.

2 weeks ago - Netflix has agreed to buy Warner Bros. Discovery's TV and film studios and streaming division for $72 billion US, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer that has upended the ...

2 weeks 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.