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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

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

bbc.com › news › articles › cx25039ddlro

Netflix-Warner Bros: Five takeaways from the blockbuster deal

2 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.

In the News

Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim | Reuters

hollywoodreporter.com

What Happens to Warner Bros. Games Under Netflix?

CNN's fate is in the air and Trump wants a say in custody battle : NPR

Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced. - The New York Times

Paramount vs. Netflix: Who Should Win the Battle for Warner Bros.?

Trump enters Warner Bros. fight, says it’s ‘imperative that CNN be sold’ | CNN Business

cinemablend.com

‘Filmmakers Have To Put Out Foot Down.’ Best Picture Winner Just Weighed In On Netflix’s Deal With Warner Bros | Cinemablend

Warner Bros. Discovery (WBD) After the Bell on December 10, 2025: Paramount’s $30 Cash Bid, Netflix Pressure and What to Watch Before the December 11 Open

David Zaslav’s Next Act Looks Murky As Netflix & Paramount Face Off Over Warner Bros Acquisition

Discussions

NYTimes Opinion: "Netflix’s plan to buy Warner Bros. Discovery is illegal under U.S. law, as is Paramount’s competing takeover bid."

if Disney Fox went through and Activision Microsoft I’m not sure anything will ever be stopped without corruption More on reddit.com

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4 days ago

It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion : movies

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It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion : technology

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r/technology

Netflix Is Looking to Borrow Heavily Again to Fund Warner Bros. Deal

WBD has $33b in debt today and was paying it down at $5b/year. It’s probably slightly profitable without debt, and may be better this FY and next FY with the movie successes and DCU hopefully continuing its takeoff. Netflix has little debt, and generates $10b in net income annually. Financially, Netflix + WB looks much better than Paramount + WBD from a revenue/OI/debt POV. I’m not sure why these headlines as it seems to focus on NFLX’s borrowing, as if it were unique, and as if NFLX can’t afford it. More on reddit.com

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3 days ago

bbc.com › news › articles › cm21z4zgkx7o

Netflix and Paramount battle for Warner Bros. Who is likely to win?

2 days ago - Its offer values those holdings which include brands such as Warner Bros, New Line Cinema, and HBO Max, at $82.7bn, including debt. Netflix is offering to pay $23.25 per share, and give existing Warner Bros investors a stake in the new company - a ...

Videos

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cbc.ca › news › business › netflix-warner-bros-movie-theatre-9.7010782

ANALYSIS | Why some worry the Netflix bid to buy Warner Bros. could kill moviegoing | CBC News

2 days ago - The movie theatre industry has expressed grave concerns over Netflix's potential takeover of Warner Bros. Discovery as it relates to the future of theatre going. (Evan Mitsui/CBC) When Sonya Yokota William heard that Netflix was poised to buy Warner Bros.

nytimes.com › 2025 › 12 › 08 › business › paramount-warner-bros-discovery-netflix.html

Paramount Makes Hostile Bid for Warner Bros. Discovery - The New York Times

5 days ago - Netflix announced an $83 billion deal to buy a big part of Warner Bros. Discovery on Friday, in an agreement approved by the boards of both companies. In a news release on Monday, Paramount went around the Warner Bros.

variety.com › 2025 › film › news › why-netflix-buying-warner-bros-ted-sarandos-1236604802

Why Netflix Is Buying Warner Bros., Why Paramount Launched Hostile Bid

1 day 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.

apnews.com › article › paramount-warner-bros-discovery-netflix-trump-347540ae7a4f83fced833fe882f25680

Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix

NEW YORK (AP) — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and a famed movie studio along with the ...

Published 3 days ago

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theguardian.com › business › 2025 › dec › 09 › netflix-consumer-lawsuit-warner-bros-deal

Netflix faces consumer class-action lawsuit over $72bn Warner Bros deal | Business | The Guardian

4 days ago - Netflix has been hit with a consumer lawsuit seeking to block the online video giant’s planned $72bn acquisition of Warner Bros Discovery’s studio and streaming businesses.

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

Paramount CEO David Ellison announced a hostile takeover bid of Warner Bros. Discovery. (Charly Triballeau/AFP via Getty Images / Getty Images) Netflix has argued that the deal would give customers more choice and greater value, provide opportunities for the creative community, lead to a stronger entertainment industry and produce more value for shareholders.

Published 5 days ago

cnbc.com › 2025 › 12 › 05 › neflix-warner-bros-discovery-deal.html

Netflix to buy Warner Bros. film and streaming assets in $72 billion deal

1 week ago - Netflix announced Friday it's reached a deal to buy pieces of Warner Bros.

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 announces deal to buy Warner Bros.

theguardian.com › business › 2025 › dec › 08 › paramount-skydance-warner-bros-bid

Paramount launches $108.4bn hostile bid for Warner Bros Discovery | Business | The Guardian

5 days ago - During an industry event on Monday afternoon, Netflix leaders expressed little concern about the Paramount bid. Netflix’s co-chief executive Ted Sarandos said the Paramount offer was “totally expected”. “We have a deal done, and we are really happy with the deal,” he added. “We’re super confident we are going to get it across.” · Warner Bros Disaster?

deadline.com › 2025 › 12 › netflix-wins-bidding-for-warner-bros-discovery-1236637057

Netflix Wins Bidding War For Warner Bros. Discovery, Will Start Exclusive Deal Talks

1 week ago - Netflix has emerged victorious with what appears to be the highest bid for Warner Bros. Discovery and the two sides are set to start exclusive talks.

bbc.com › news › articles › cn815egjqjpo

Trump says $72bn Netflix-Warner Bros deal 'could be a problem'

6 days ago - On Friday, the two companies said they had reached an agreement to bring Warner Brothers' franchises like Harry Potter and Game of Thrones to Netflix, creating a new media giant. The planned deal, which has raised concerns among some in the ...

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 announced plans on Friday to acquire Warner Bros.

foxbusiness.com › politics › trump-admin-reportedly-skeptical-about-netflix-warner-bros-72b-deal

Trump administration views Netflix-Warner Bros. deal with 'skepticism' | Fox Business

The Trump administration reportedly views Netflix's proposed acquisition of Warner Bros. Discovery with "heavy skepticism" amid regulatory approval concerns.

Published 1 week ago

reddit.com › r/blankies › nytimes opinion: "netflix’s plan to buy warner bros. discovery is illegal under u.s. law, as is paramount’s competing takeover bid."

r/blankies on Reddit: NYTimes Opinion: "Netflix’s plan to buy Warner Bros. Discovery is illegal under U.S. law, as is Paramount’s competing takeover bid."

4 days ago - Warner Bros. Discovery To Split Into Two Companies ... Netflix has agreed to buy the film and streaming businesses of Warner Bros Discovery.

theguardian.com › film › 2025 › dec › 08 › netflix-buying-warner-bros-movie-theaters

Netflix buying Warner Bros is bad news for cinema and those of us who love it | Warner Bros | The Guardian

5 days ago - Timed to ruin holidays like a round of end-of-year layoffs, the streaming giant announced plans to buy Warner Bros, a movie and television studio with a full-century legacy. It’s possible that the acquisition won’t actually go through – ...