Netflix to buy Warner Bros. in $72 billion cash, stock deal

FortuneFriday, December 5, 2025 at 1:22:52 PM
Netflix to buy Warner Bros. in $72 billion cash, stock deal
  • Netflix has announced its intention to acquire Warner Bros. in a significant $72 billion cash and stock deal, which will take place after Warner Bros. completes the spinoff of its networks division, including CNN, TBS, and TNT. This acquisition marks a pivotal moment in the entertainment industry, reflecting Netflix's aggressive expansion strategy.
  • This acquisition is crucial for Netflix as it seeks to bolster its content library and enhance its competitive position against other streaming giants. The addition of Warner Bros.' extensive portfolio, including popular networks and franchises, is expected to attract more subscribers and increase revenue streams.
  • The deal occurs amidst a highly competitive landscape, with other major players like Paramount and Comcast also vying for Warner Bros. Discovery. The bidding war highlights the ongoing consolidation in the media sector, driven by the need for companies to adapt to changing consumer preferences and the rise of streaming services. Additionally, political and financial factors are influencing these negotiations, complicating the sale process.
— via World Pulse Now AI Editorial System

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Netflix has finalized a landmark acquisition of Warner Bros. for $72 billion, a deal that is expected to significantly reshape the entertainment landscape by integrating Warner's extensive content library, including popular franchises such as HBO Max and DC Studios.
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