Netflix Agrees to Acquire Warner Bros. in $83 Billion Deal
BREAKING NEWS: Netflix has just confirmed a monumental agreement to acquire Warner Bros. in a deal valued at approximately $83 billion. This acquisition encompasses Warner Bros.’ film and television studios, including the popular HBO Max platform, marking a seismic shift in the entertainment landscape.
In a statement released early Friday morning, Netflix announced, “This acquisition brings together two pioneering entertainment businesses, combining Netflix’s innovation and global reach with Warner Bros.’ century-long legacy of world-class storytelling.”
This significant merger is set to bolster Netflix’s already extensive library, merging beloved franchises like The Big Bang Theory, The Sopranos, and Game of Thrones with Netflix’s original hits such as Stranger Things and Bridgerton. The deal is expected to redefine how audiences consume entertainment worldwide.
The transaction will finalize after Warner Bros. Discovery (WBD) completes the previously announced separation of its Global Networks division into a new public company, anticipated to occur in Q3 2026.
Ted Sarandos, co-CEO of Netflix, emphasized the strategic significance of this acquisition, stating, “Our mission has always been to entertain the world. By combining Warner Bros.’ incredible library of shows and movies—from timeless classics like Casablanca and Citizen Kane to modern favorites like Harry Potter and Friends—with our culture-defining titles, we’ll be able to do that even better.”
The cash and stock transaction has an enterprise value of $82.7 billion and an equity value of $72 billion. As both companies prepare for this historic merger, entertainment fans are left to wonder how this will transform their viewing experiences and what new content will emerge from this powerful union.
Stay tuned for more updates as this story develops, and anticipate potential changes in the streaming landscape that could reshape your favorite shows and movies!
