EntertainmentWarner BrosUpdated 5 days ago

Netflix Acquires Warner Bros in Landmark $72 Billion Deal

Netflix has finalized a monumental $72 billion acquisition of Warner Bros. Discovery's studios and HBO Max, a move set to reshape the streaming landscape. This deal enhances Netflix's content library with popular franchises like Harry Potter and Game of Thrones, following a competitive bidding process. The acquisition reflects a significant shift in the entertainment industry, with Netflix aiming to expand its global reach and storytelling capabilities.

EntertainmentWarner Bros

Updated 5 days ago

Netflix Acquires Warner Bros in Landmark $72 Billion Deal

Related Articles (6)

Los Angeles Times5 days ago

What does the Netflix-WBD deal mean to the future of streaming?

NeutralEntertainment

Netflix has announced a significant acquisition of Warner Bros. Discovery's studios and HBO Max for approximately $72 billion, marking a pivotal moment in the streaming industry. This deal follows a competitive bidding process where Netflix outbid other major players, including Paramount Skydance.

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via Los Angeles Times

BBC News5 days ago

Five takeaways from the blockbuster Netflix-Warner Brothers deal

NeutralEntertainment

Netflix has announced a landmark acquisition of Warner Bros. for approximately $72 billion, a move that is expected to reshape the entertainment landscape significantly. This deal includes the integration of Warner's extensive content library, enhancing Netflix's offerings with popular franchises such as Harry Potter and Game of Thrones.

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via BBC News

FirstShowing.net5 days ago

Netflix is Buying the Iconic Studio Warner Bros - What Happens Next?

NeutralEntertainment

Netflix has officially announced its acquisition of Warner Bros, a significant move in the entertainment industry that is expected to reshape the landscape. The deal, valued at approximately $72 billion, comes after a competitive bidding process where Netflix outbid other contenders. David Zaslav, President and CEO of Warner Bros. Discovery, emphasized the combination of two major storytelling companies to enhance global entertainment access.

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via FirstShowing.net

Variety5 days ago

Netflix Stock Climbs on Warner Bros. Deal, WBD Shares Hit Three-Year High

PositiveEntertainment

Netflix's stock rose slightly following the announcement of a debt-financed acquisition of Warner Bros. Discovery's studios and HBO Max, while Warner Bros. Discovery's shares reached their highest point in over three years. This deal reflects a significant shift in the competitive landscape of the entertainment industry.

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via Variety

Global News5 days ago

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

PositiveEntertainment

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.

Read full article

via Global News

Sky News5 days ago

Netflix agrees blockbuster $72bn deal for Warner Bros studios

PositiveEntertainment

Netflix has finalized a significant $72 billion deal to acquire Warner Bros. Discovery's film and TV studios, enhancing its content library with popular franchises such as Harry Potter and Game of Thrones. This acquisition marks a pivotal moment in the streaming landscape, allowing Netflix to integrate Warner's HBO Max and DC Studios into its offerings.

Read full article

via Sky News