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Netflix to Acquire Warner Bros. Following the Separation of Discovery . . . HOLLYWOOD, Calif , Dec 5, 2025 -- Today, Netflix, Inc (the Company) and Warner Bros Discovery, Inc (WBD) announced they have entered into a definitive agreement under which Netflix will acquire Warner Bros , including its film and television studios, HBO Max and HBO The cash and stock transaction is valued at $27 75 per WBD share (subject to a collar as detailed below), with a total
How Netflix and Warner Bros Merger Will Affect You - TODAY How will the merger change what's on Netflix? Netflix and Warner Bros noted how the acquisition will affect the choices viewers have when it comes to what to watch, without getting into specifics
Netflix to buy Warner Bros. and HBO Max - NBC News Netflix’s takeover of Warner Bros ushers in a new era for Hollywood, which has evolved from a business focused on theatrical exhibition to an increasingly digital-first industry
Netflix to Acquire Warner Bros. in $82. 7 Billion Deal The streaming giant promises to maintain Warner Bros current operations, "including theatrical releases for films " Theater owners are already speaking out against the acquisition
Warner Bros. - Wikipedia The company is known for its film studio division, the Warner Bros Motion Picture Group, which includes Warner Bros Pictures, New Line Cinema, Warner Bros Pictures Animation, Castle Rock Entertainment and the Warner Bros Television Group