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The deal to acquire the Hollywood behemoth’s television and film studios as well as HBO Max will bulk up the world’s biggest paid streaming service.
Netflix has announced it has entered a "definitive agreement" to acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Critics say the deal would create less competition in Hollywood and limit choice for consumers.
In a historic moment, Netflix has agreed to buy Warner Bros. Discovery's movie, television and streaming assets, valued at $82.7 billion. NBC News' Chloe Melas reports on what could happen next in one of the most consequential mergers in Hollywood history.
Today Netflix has announced that it's buying Warner Bros. (WB) for $72 billion. This includes HBO and HBO Max, but it will take a rather long time because WB's parent company Warner Bros. Discovery (WBD) first has to separate its Global Networks division into a new publicly-traded company called Discovery Global. This is now expected to be completed in the third quarter of 2026, after which Netflix will acquire what's left - namely the current Streaming & Studios division of WBD. As the name implies, this includes WB studios as well as HBO and the HBO Max streaming service. Netflix...
Netflix has just announced a massive deal that, if it earns regulatory approval, could change the Hollywood landscape forever. Netflix is acquiring Warner Bros. in an estimated $82.7 billion deal, and will take ownership of its film and television studios, HBO Max, and HBO. more…
In one of the most groundbreaking deals the streaming world has ever seen, Netflix acquires Warner Bros. for $82.7 billion.
Netflix agrees to buy Warner Bros. and HBO Max
