Netflix set to buy Warner Bros studios, streaming unit for US$72B

Global News•Friday, December 5, 2025 at 1:12:21 PM

PositiveEntertainment

Netflix set to buy Warner Bros studios, streaming unit for US$72B

Netflix has reached an agreement to acquire Warner Bros studios and its streaming unit for $72 billion, following a competitive bidding process that saw Netflix outbid Paramount Skydance with an offer of nearly $28 per share. This acquisition marks a significant shift in the entertainment landscape as Netflix expands its portfolio of popular franchises.
This acquisition is crucial for Netflix as it aims to enhance its content library and strengthen its position in the streaming market. By gaining ownership of Warner Bros' film and streaming businesses, including iconic franchises like Harry Potter and Game of Thrones, Netflix is poised to attract more subscribers and increase its market share.
The deal highlights ongoing tensions in the media industry, particularly regarding the competitive bidding process for Warner Bros. Discovery. Concerns have been raised by competitors about the fairness of the sale process, with allegations of bias favoring Netflix. This acquisition could reshape the dynamics of the entertainment sector, prompting discussions about market consolidation and the future of theatrical releases.

— via World Pulse Now AI Editorial System

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