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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
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
Netflix announces deal to buy Warner Bros. and HBO Netflix has triumphed in the bidding war for Warner Bros and HBO, announcing a deal that could combine two of the three biggest streamers with one of the largest traditional movie and television
Netflix to Acquire Warner Bros. in $82. 7 Billion Deal The streaming giant's proposal includes a $5 8 billion breakup fee and promises to maintain Warner Bros current operations, "including theatrical releases " Theater owners are already speaking out