Netflix to Buy Warner Bros. Discovery in Major Streaming Deal

Netflix contiguous announced that it volition get Warner Bros. Discovery's immense studios and streaming operations for $82.7 billion.


The transaction volition spot Netflix get Warner Bros., HBO, and HBO Max successful a cash-and-stock woody valued astatine $72 cardinal successful equity and $82.7 billion, including indebtedness (via Reuters). The acquisition gives it power of large franchises, including DC, Game of Thrones, Harry Potter, Looney Tunes, and the Warner Bros. movie library, dramatically expanding the measurement and diverseness of contented disposable nether 1 streaming umbrella. The acquisition besides gives Netflix the established HBO marque and its room of prestige tv bid specified arsenic The Sopranos, Succession, and The Wire.

Netflix said that it intends to support Warner Bros.' theatrical distribution, sphere HBO Max arsenic a discrete work successful the adjacent term, and integrate HBO and Warner Bros. contented into its ain catalog.



Netflix confirmed that each Warner Bros. Discovery shareholder volition person $23.25 successful currency and $4.50 successful Netflix banal per share. The woody is contingent connected Warner Bros. Discovery completing the antecedently announced separation of Discovery Global into a standalone institution successful the 3rd 4th of 2026, arsenic good arsenic regulatory approval. The transaction is expected to instrumentality 12 to 18 months to complete.

Reports in October claimed that Apple was funny successful acquiring Warner Bros. Discovery's extended backmost catalog of contented for Apple TV. With that imaginable present firmly ruled out, ‌Apple TV‌ is highly apt to look heightened contention from Netflix successful the years to come.


This article, "Netflix to Buy Warner Bros. Discovery successful Major Streaming Deal" archetypal appeared connected MacRumors.com

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