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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 - The transaction values Warner Bros. Discovery at $27.75 per share, implying a total equity value of approximately $72.0 billion and an enterprise value of approximately $82.7 billion
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Yahoo! Finance
finance.yahoo.com › news › lowest-probability-outcome-netflixs-72-billion-deal-for-warner-bros-discovery-stuns-wall-street-153038741.html
'Lowest-probability outcome': Netflix's $72 billion deal for Warner Bros. Discovery stuns Wall Street
2 weeks ago - Netflix’s (NFLX) $72 billion agreement to acquire Warner Bros.’ (WBD) studio and streaming assets has set off a high-stakes debate about whether regulators will allow the world’s largest streamer to get even bigger.
Discussions

What to Know About Netflix’s $83 Billion Deal for Warner Bros. Discovery - the question is where will Netflix take this acquisition and will it gain regulatory approval?
We're about to get a metric fuckload of straight-to-Netflix Batman shows and movies. More on reddit.com
🌐 r/movies
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2 weeks ago
[The Wrap] Netflix wins the Warner Bros Discovery bidding war, enters exclusive deal talks : SquaredCircle
🌐 r/SquaredCircle
Netflix Wins the Warner Bros. Discovery Bidding War, Enters Exclusive Deal Talks - The streaming giant hit the magic $30-a-share target and has an exclusive window to negotiate a final deal. : boxoffice
🌐 r/boxoffice
Paramount, Comcast and Netflix Prepare Bids for Warner Bros. Discovery
Are insiders oblivious to Comcast's financial situation now or what? More on reddit.com
🌐 r/MediaMergers
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October 17, 2025
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USA Today
usatoday.com › story › money › 2025 › 12 › 06 › netflix-hbo-max-merge › 87642330007
Could Netflix, HBO Max merge? What to know about Warner Bros. deal
2 weeks ago - Not anymore. After decades of organic growth, the streaming giant has gone on the offensive with a $72 billion merger deal for Warner Bros. Discovery, which owns several popular franchises, including Batman, Superman, Wonder Woman and Harry Potter.
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NBC News
nbcnews.com › business › media › paramount-hostile-bid-warner-bros-discovery-rcna247993
Paramount launches hostile bid for Warner Bros. Discovery despite Netflix deal
The offer comes days after Netflix struck a deal to acquire Warner Bros. Discovery's studio and streaming assets. Paramount's hostile bid is for the entire company.
Published   2 weeks ago
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Yahoo! Finance
finance.yahoo.com › news › 5-questions-on-whats-next-for-netflix-after-the-warner-bros-deal-110017360.html
5 questions on what's next for Netflix after the Warner Bros. deal
2 weeks ago - The $72 billion Netflix (NFLX) deal to acquire the studio and streaming assets of Warner Bros. Discovery crisscrosses and amplifies multiple narratives in the entertainment business.

potential business transaction

Since late 2025, Warner Bros. Discovery (WBD) has drawn multiple acquisition offers from several entertainment companies. On October 21, 2025, WBD announced it would consider a "broad range of alternative options" to … Wikipedia
Factsheet
Target Warner Bros. Streaming & Studios (Netflix, Inc./Comcast Corporation)
Warner Bros. Discovery (Paramount Skydance)
Discovery Global Linear Networks (Starz Entertainment)
Type Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Netflix, Inc./Starz Entertainment)
Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Comcast Corporation/Starz Entertainment)
Full acquisition (Paramount Skydance Corporation)
Factsheet
Target Warner Bros. Streaming & Studios (Netflix, Inc./Comcast Corporation)
Warner Bros. Discovery (Paramount Skydance)
Discovery Global Linear Networks (Starz Entertainment)
Type Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Netflix, Inc./Starz Entertainment)
Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Comcast Corporation/Starz Entertainment)
Full acquisition (Paramount Skydance Corporation)
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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 - The announced deal values Warner Bros. Discovery at US$82.7 billion enterprise value (US$72.0 billion equity value and $59 billion of debt from Wells Fargo, HSBC, and BNP Paribas), and prices post-split Warner Bros.
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The Guardian
theguardian.com › media › 2025 › dec › 06 › warner-bros-discovery-netflix-deal
Warner Bros Disaster? Netflix inks deal for troubled Hollywood giant | Media | The Guardian
2 weeks ago - Discovery is just the latest​ episode of this poorly performing franchise. Now Netflix is picking up the baton, with an $82.7bn (£62bn) deal to take assets including Warner Bros and HBO off Discovery’s hands.
Find elsewhere
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1News
1news.co.nz › 2025 › 12 › 06 › netflix-to-buy-warner-bros-studio-streaming-business-for-124-billion
Netflix to buy Warner Bros studio, streaming business for $124 billion
2 weeks ago - Netflix struck a deal to buy Warner Bros Discovery, the Hollywood giant behind Harry Potter and Friends, in a US$72 billion (NZ$124.7 billion) deal that would bring together two of the biggest players in television and film and potentially reshape ...
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NYTimes
nytimes.com › 2025 › 12 › 06 › business › netflix-warner-bros-what-to-know.html
What to Know About Netflix’s $83 Billion Deal for Warner Bros. Discovery - The New York Times
2 weeks ago - ... The Warner Bros. studios in Burbank, Calif.Credit...Jae C. Hong/Associated Press ... Dec. 6, 2025 · Netflix announced on Friday that it planned to buy Warner Bros. Discovery in an $82.7 billion deal that could redefine Hollywood and the ...
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USA Today
usatoday.com › story › money › 2025 › 12 › 05 › netflix-warner-bros-merger-deal-streaming-cable › 87621300007
Politicians aren't happy with the Netflix-Warner Bros deal. Here's why
2 weeks ago - Netflix announced it will buy Warner Bros. Discovery for $72 billion in one of the most colossal deals in recent Hollywood history.
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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
2 weeks ago - “It will also increase Netflix’s standing within the industry from talent, recruitment, and salary negotiation perspectives,” he added. The deal, which is expected to close next fall after Warner Bros. Discovery spins off its cable business (CNN, HGTV, Discovery, and others), surprised the hell out of Hollywood when Netflix announced it Friday morning.
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BBC
bbc.com › news › articles › ce91x2jm5pjo
Netflix to buy Warner Bros film and streaming businesses for $72bn
2 weeks ago - Netflix has agreed to buy the film and streaming businesses of Warner Bros Discovery for $72bn (£54bn) in a major Hollywood deal.
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CNBC
cnbc.com › 2025 › 12 › 05 › trump-netflix-wbd-deal.html
Trump admin views Netflix and Warner Bros. deal with 'heavy skepticism': Senior official
2 weeks ago - The Trump administration has "heavy skepticism" about the newly announced $72 billion deal for Netflix to acquire Warner Bros. Discovery's film and streaming assets.
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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 - That puts the equity value of the deal at $72 billion, with a total enterprise value of approximately $82.7 billion. Netflix will acquire Warner Bros.' film studio and streaming service, HBO Max.
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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
2 weeks ago - The cash-and-stock deal values the business at $82.7 billion, including debt. The acquisition is expected to close after Warner Bros. Discovery carves out its cable unit, which the companies expected to be completed by the third quarter of 2026.
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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 - Dec 5 (Reuters) - Netflix (NFLX.O), opens new tab on Friday agreed to buy Warner Bros Discovery's (WBD.O), opens new tab TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized ...
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Deadline
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
2 weeks ago - Netflix has emerged victorious with what appears to be the highest and so far the winning bid for Warner Bros. Discovery, Deadline has learned, and will start exclusive talks to finalize a deal.