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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
2 weeks ago - This acquisition brings together two pioneering entertainment businesses, combining Netflix’s innovation, global reach and best-in-class streaming service with Warner Bros.’ century-long legacy of world-class storytelling.
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Hacker News
news.ycombinator.com › item
Netflix to Acquire Warner Bros | Hacker News
1 day ago - From a Hacker News perspective, I wonder what this means for engineers working on HBO Max. Netflix says they’re keeping the company separate but surely you’d be looking to move them to Netflix backend infrastructure at the very least · This is a very common narrative to this news.
Discussions

What is going on with the acquisition of Warner Bros. by Netflix?
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🌐 r/OutOfTheLoop
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1 week ago
Netflix has agreed to buy Warner Bros, including game developers behind Mortal Kombat, Hogwarts Legacy
Netflix needs to stay in their lane tbh More on reddit.com
🌐 r/PS5
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2 weeks ago
Netflix company buys Warner Brothers studios
1.) The actual acquisition has to pass FTC scrutiny and antitrust review. 2.) The actual timeframe is a year to a year and a half roughly. 3.) Paramount also threw their hat in the ring with an additional $25B on the offer. At the end of the day we can speculate all we want but nobody knows. Development may continue… it may get scrapped, who knows. More on reddit.com
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It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion : movies
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The Independent
the-independent.com › culture › film › news
Netflix to buy Warner Bros – but what does that mean for film and TV? | The Independent
4 hours ago - Netflix has bought Warner Bros – but what does that mean? Read more · Support Now · From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing.
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TechCrunch
techcrunch.com › home › making sense of the risky netflix-warner bros. deal
Making sense of the risky Netflix-Warner Bros. deal | TechCrunch
20 hours ago - Netflix's $82.6 billion acquisition of Warner Bros. encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants.
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Mashable
mashable.com › home › entertainment › movies
Netflix to buy Warner Bros.: 5 properties Netflix would own under deal | Mashable
3 days ago - Credit: Credit: Composite: Mashable / Images: Theo Whitman / HBO / Warner Bros. Pictures / Peter Mountain / WireImage via Getty Images · Netflix's $82.7 billion acquisition of Warner Bros.
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros._by_Netflix
Proposed acquisition of Warner Bros. by Netflix
1 day 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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CBC News
cbc.ca › news › entertainment › us-netflix-warner-bros-acquisition-9.7004170
Netflix to acquire Warner Bros. Discovery for $72B US | CBC
1 week ago - 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 media industry.
Find elsewhere
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AP News
apnews.com › article › trump-netflix-warner-bros-merger-problem-f3e317b61899d34ce507ba38af4a2934
Netflix deal to buy Warner Bros. 'could be a problem' because of size of market share, Trump says
Trump said he had not spoken to ... U.S.-backed ceasefire to halt fighting between Israel and Hamas in Gaza. ... Netflix to acquire Warner Bros....
Published   1 week ago
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Fox Business
foxbusiness.com › media › trump-warns-netflix-warner-bros-discovery-deal-could-problem-says-hell-involved-decision
Trump warns Netflix-Warner Bros. $72B deal could be a problem | Fox Business
President Donald Trump raised antitrust concerns over the proposed Netflix takeover of Warner Bros. Discovery, warning that the combined market share could be a problem.
Published   1 week ago
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CNBC
cnbc.com › 2025 › 12 › 05 › neflix-warner-bros-discovery-deal.html
Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
2 weeks ago - Netflix announced it's reached a deal to buy WBD, bringing a swift end to a dramatic bidding process that also involved Paramount Skydance and Comcast.
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BBC
bbc.com › news › articles › cx25039ddlro
Netflix-Warner Bros: Five takeaways from the blockbuster deal
5 days 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.
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Washington Post
washingtonpost.com › opinions › opinion columns
Opinion | Warner Bros. Discovery drama is a story of failed mergers - The Washington Post
4 days ago - Break out the popcorn and a jumbo box of Raisinets, because just when we thought the Warner Bros. Discovery drama was over, it turned out we had barely gotten started. The suspense over the company’s pending sale is mounting, and new questions are developing faster than writers can resolve old ones.
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Daily Mail
dailymail.co.uk › media › article-15356557 › netflix-warner-bros-72-billion-deal.html
Netflix agrees to buy Warner Bros. for $72 billion in landmark deal that will hand streaming giant iconic Hollywood studio... but it's bad news for CNN | Daily Mail Online
2 weeks ago - The streaming giant announced its plan to become the new owner of the storied studio on Friday morning, after entering a successful bid of $27.75-a-share to parent company Warner Bros. Discovery.
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The Conversation
theconversation.com › netflix-is-buying-warner-brothers-is-this-the-end-of-the-cinema-271518
Netflix is buying Warner Brothers. Is this the end of the cinema?
6 days ago - Netflix has announced its planned acquisition of Warner Bros with a deal valued at US$82.7 billion. What will this mean for filmgoing?
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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
2 weeks ago - The agreement follows a weeks-long bidding war in which Netflix offered nearly $28 per share, eclipsing presumed front-runner Paramount Skydance (PSKY.O), opens new tab, which made a series of unsolicited bids to acquire all of Warner Bros ...
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Reddit
reddit.com › r/outoftheloop › what is going on with the acquisition of warner bros. by netflix?
r/OutOfTheLoop on Reddit: What is going on with the acquisition of Warner Bros. by Netflix?
1 week ago -

I've seen the news online that Netflix has bought Warner Bros., and I was a bit confused by... a lot of things.

First of all, why did this acquisition happen? For as long as I can remember, Warner Bros. has always been one of the biggest studios in Hollywood, with so many iconic movies and franchises owned by it. I know they weren't doing so hot lately, but I thought they were at least able to keep themselves going without that much support from others. It's kinda weird to hear that it is now OWNED by someone.

Secondly, why does the news that Netflix might buy WB get such a bad reaction from people online? I know Netflix is notorious for canceling shows way too early and continuing shows people are really sick about, and they are also blamed for how many shows these days release their seasons every two years instead of a few months or 1 year. Are there more reasons why that acquisition is so controversial?

https://www.bbc.com/news/articles/ce91x2jm5pjo

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Answer: A few years back AT&T sold WB to Discovery, and part of the deal of selling it was that Discovery would take on a lot of its debt. Discovery hasn't pulled off a miracle, so it still has a huge amount of debt. It considered just selling its cable channels since they don't make much money any more, but are now looking to sell the whole thing. Also, you may have recently heard that Skydance bought Paramount. These sorts of mergers are very hard to pull off because the government, specifically the FCC and the FTC try to appear non partisan and don't want the media controlled by any one person or company. It just so happens Skydance is owned by Larry Ellison's son and they are both really friendly with the Trump administration and the AI boom has made Larry Ellison at times the richest man in the world. So this may be a once in a lifetime opportunity where they have the money and the politcal support to pull this off. So they put in their bid which the Trump administration doesn't say shit about blocking, now Netflix moves in with a better bid and if the Trump administration now were to say oh no you can't do this only our special friend Larry Ellison can they would look really bad. Essentially this merger wouldn't just mean there will be fewer movie studios and streaming services but Skydance already owns CBS and WB owns CNN so if Skydance was allowed to buy WB it would have control over a large chunk of the news on top of other tv, music, and movies. I did hear speculation that Netflix put in their bid knowing it probably wouldn't go through and that the Trump administration would just drag their feet and never end up approving it and I think that would be the best outcome if they all end up staying independent.
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Answer: To answer your questions: The acquisition happened during a rough period in WB’s history caused by a series of weak movies and the COVID-19 pandemic threatening theaters as a whole. The biggest problem was the string of failures with the DC Extended Universe, WB’s answer to Disney’s Marvel Cinematic Universe. The big problem with Netflix getting WB is that the company is more focused on streaming and not theaters. The big worry is that Netflix gets WB, there’s the worry that this will mean fewer films in theaters at a period where theaters are actively hurting
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Reddit
reddit.com › r/ps5 › netflix has agreed to buy warner bros, including game developers behind mortal kombat, hogwarts legacy
r/PS5 on Reddit: Netflix has agreed to buy Warner Bros, including game developers behind Mortal Kombat, Hogwarts Legacy
2 weeks ago - Fudge this makes me so sad. All those movies I loved, all the physical releases. It’ll be gone on Netflix ... Some people in this very sub were in favor of consolidation earlier this year when the rumor of Sony buying Warner Bros surfaced...