1 week ago - 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 ...

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.

1 day ago - The late move by Paramount Skydance after Netflix and Warner Bros. had already reached a deal raises many questions about regulatory approval and media consolidation.

1 day ago - Discovery shareholders would be offered $30 per share, which represents a 139% premium to the stock price as of Sept. 10, 2025, Paramount said. ... Netflix established its agreement with Warner Bros.

1 day ago - Because of recent reforms to the merger clearance process, Netflix will have to hand over more of its internal competition analyses sooner, said former FTC antitrust attorney Shaoul Sussman.

2 days ago - Warner Bros is one of the studios that defined Hollywood, creating classics such as Casablanca and The Exorcist. But this takeover is an illustration of how cinema's golden age has faded. The trajectory is clear, Forrester's Mr Proulx says, the future is "all-streaming". "With this deal it is official: legacy media is ending." Netflix has promised to keep releasing films in cinemas, a decision that makes some sense as it will be acquiring ...

1 day ago - Despite those objections, on December 5, 2025, multiple outlets reported that Netflix had prevailed in the bidding war and entered exclusive negotiations with WBD to acquire its studio and streaming business.

5 days ago - Netflix and Warner Bros. announced a blockbuster $82.7-billion deal for the TV streamer to acquire Warner Bros. film and television studios, HBO Max and HBO on Friday, Dec. 6. Here’s what we know so far.

1 week ago - A Warner Bros. spokesperson has confirmed the video game division will be acquired by Netflix alongside its wider streaming and television business.

1 week ago - Netflix said it should be able to finalize the purchase in about a year to 18 months. Warner’s cable channels, including CNN, TNT and HGTV, are not included in the deal. They will form a new publicly traded company, Discovery Global, in mid-2026.

1 week ago - Warner Bros. Discovery shares closed at $24.5 on Thursday, Dec. 4, giving it a market value of $61 billion. Founded in 1997 as a DVD rental company, Netflix has grown as a streaming giant with shows such as "Bridgerton" and "Stranger Things" and Oscar-winning movies "Parasite" and "Roma." Now, the California-based company finds itself on the verge of acquiring one of the most iconic movie studios, home to "Casablanca" and "Bugs Bunny" as well as "Batman," "Superman" and "Wonder Woman."

1 week 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 media industry.

1 week ago - As recently as October — when Warner signaled that it was open to a potential sale of its business — Netflix's Sarandos reiterated on an earnings call that the company had been "very clear in the past that we have no interest in owning legacy media networks" and that there was "no change there." ... "We believe that we can be and we will be choosy," Sarandos said at the time, without fully ruling out a potential bid for Warner. Friday's announcement arrives after a monthslong bidding war for Warner Bros.

1 week 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 Discovery, including the cable TV assets slated for a spinoff. Netflix, which has spent a decade developing such original series as "Stranger Things," "Bridgerton" and films like "KPop Demon Hunters," will gain access to Warner Bros' vast trove of content, built over the last century, including marquee franchises such as "Game of Thrones" and "Harry Potter," and DC Comics' roster of superheroes, including Batman and Superman.

1 week ago - The company said the deal is expected to close after Warner Bros. separates its cable business from its streaming and studio business, likely by the third quarter of 2026. The acquisition will also require the approval of federal regulators—which ...

1 week ago - Discovery (WBD) said it is moving forward with its plans to split into two publicly traded halves in 2026. Once the split takes effect, Netflix intends to acquire the Warner half. The other half, Discovery Global, will house CNN and other cable ...

1 week ago - Warner Bros owns franchises including Harry Potter and Game of Thrones, and the streaming service HBO Max. The takeover is set to create a new giant in the entertainment industry, but the deal will still have to be approved by competition authorities. Some in the film industry, including the Writers Guild of America, have criticised the deal, saying it would negatively impact workers and consumers. Netflix co-chief executive Ted Sarandos said the streamer was "highly confident" it would receive the regulatory approval it needs and it was running "full speed" towards this.

6 days ago - By coming together with Netflix, ... will continue to enjoy the world’s most resonant stories for generations to come.” · Netflix arguably emerged as the winner of the “streaming wars.” And now, it is at the Hollywood gates and ready for its latest conquest, even if it is expected to face heavy regulatory scrutiny. The news came after reports that it was in exclusive talks with Warner Bros. Discovery to acquire its streaming ...

1 week ago - Netflix announced Friday it's reached ... of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. The transaction is comprised of cash and stock and is valued at $27.75 per WBD share, the companies said. 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.' ...