2 weeks ago - More opportunities for the creative community: By uniting Netflix’s member experience and global reach with Warner Bros.’ renowned franchises and extensive library, the Company will create greater value for talent—offering more opportunities ...

14 hours ago - Paramount claims that its bid for Warner Bros. Discovery will create a stronger, “pro-competitive” entertainment company with theatrical support, sports rights and direct-to-consumer growth potential.

2 days ago - If Netflix gets the deal they want, they will buy Warner Bros' crown jewels – the 102-year-old studio, HBO, and its vast archive of films and TV shows – leaving Warners's legacy TV networks, like CNN, TNT Sports and Discovery, for another buyer.

2 days ago - Not only will Netflix own all eight Harry Potter films and all three Fantastic Beasts films, it will also own HBO's upcoming Harry Potter TV series. Currently scheduled for a 2027 release, the series has been a controversial topic due to the continued involvement of author J.K. Rowling, who has a long (and continuing) history of transphobic rhetoric. SEE ALSO: 7 magic school series to buy young readers that aren't 'Harry Potter' Thanks to Warner Bros.

3 days ago - Discovery this week, just days after Netflix struck a deal to acquire the legacy media company. The rival multi-billion dollar efforts to purchase streaming platform HBO Max and movie studio Warner Bros., among other assets, could upend the media industry and shape content viewed by hundreds of millions of people.

4 days ago - Indeed, as many have joked in recent days, a Paramount deal for Warner Bros. would essentially just be the reinvention of cable television—you pay one price for all your favorite networks. And as Mathur says, either deal could have serious consequences for creators. A smaller number of decisionmakers centralized in one company means fewer greenlights, and if you don’t already have access to those decisionmakers, it is harder to break in. Another question, if the Netflix bid moves forward, is how it could impact the formidable Warner Bros.

4 days ago - Sarandos asserted that Netflix is “not cutting jobs,” whereas Paramount and Comcast have been “laying people off and cutting things.” As for handling movies, Sarandos emphasized that one of Warner Bros.’ strengths is its ability to distribute movies around the world. “We didn’t buy this company to destroy that value,” Sarandos observed.

5 days ago - Netflix's deal to buy Warner Brothers Discovery's storied movie studio and popular HBO streaming networks, is a real-life tale of a conquering giant.

5 days ago - Which brings us back to the question: Why would Netflix buy a struggling studio when its whole brand was built on killing studios? Simple. Netflix has a weakness. Netflix dominates streaming, but it doesn’t own enduring franchises. Disney has Marvel and Star Wars. Universal has Jurassic Park and Fast & Furious. Warner, on the other hand, has Harry Potter, The Lord of the Rings, the DC Universe, and HBO’s entire library.

1 week ago - Discovery in September, submitting three bids before WBD launched a formal sale process that ultimately brought in other suitors. On Friday, Netflix announced a deal to acquire WBD's studio and streaming assets for a combination of cash and stock, ...

3 hours ago - 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. shares at US$27.75. The proposal represented Netflix's first departure from its long-standing "builders, not buyers" approach, marking a shift toward acquisition-led expansion.

1 week ago - Netflix Co-CEO Greg Peters says the Warner Bros. acquisition will work because both companies are in the entertainment business. Past mergers have failed, he told investors on a call Friday, because the acquiring company didn’t understand ...

1 week ago - Warner Bros, founded more than a century ago, has been subjected to more than its fair share of Wall Street deal making. Over the years, matchmakers have paired the revered giant with Time Inc, the magazine publisher; AOL, the early dotcom colossus; and AT&T, the telecom giant. 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.

1 week ago - The cash-and-stock deal would give the world’s largest paid streaming service expansive power over theater owners and entertainment-industry unions.

1 week ago - Netflix believes a combination with Warner Bros. and HBO could create more opportunity in Hollywood, turning Warner’s robust intellectual property into shows and movies that Warner Bros. Discovery couldn’t have produced on its own.

5 days ago - Commenting on the deal, Sarandos said Netflix would look to make the time between films being exclusively in cinemas and available at home more “consumer friendly” – meaning the company will look to have short cinema runs and a quick pivot ...

2 weeks ago - In “corporate drama so delicious it should be an episode of Succession” news, reports today emerged that streaming giant Netflix has coughed up $83 billion to purchase the film, TV and streaming businesses of Warner Bros., the Hollywood studio behind Harry Potter, the DC comic movies, and Lord of the Rings.

1 week ago - But he warned that while the "surprising move" made sense for Warner Bros, it could "provide a headache for Netflix" when trying to combine the companies given the size of the deal. While the agreed deal is for part of the Warner Bros business, rival Paramount had tabled a bid to buy the whole company, including its cable networks, in October.

1 week ago - The deal comes at the end of a bidding war for Warner Bros. that included such media corporate giants as Paramount and Comcast, and will follow the separation of Warner from its cable TV business, Discovery Global, which includes Discovery Networks, CNN, TNT and others. In a release Friday morning, Netflix says it will "maintain Warner Bros.’ current operations and build on its strengths," but questions are already swirling about what this deal means for two of the biggest names in Hollywood, and all the shows and films they produce that fans have come to love so dearly.