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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
Netflix announces deal to buy Warner Bros. and HBO On Friday morning, Netflix said it has reached a deal with Warner Bros Discovery to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion, plus debt
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
Warner Bros. - Wikipedia Warner Bros Entertainment Inc (WBEI), commonly known as Warner Bros (WB), [a] is an American filmed entertainment and media corporation headquartered at the Warner Bros Studios complex in Burbank, California, and the main namesake subsidiary of Warner Bros Discovery Founded on April 4, 1923, by four brothers, Harry, Albert, Sam and Jack Warner, the company established itself as a leader