Netflix Buys Warner Brothers for $82.7B
Update: 2025-12-05
Description
Netflixs $82.7 billion acquisition of Warner Brothers, including HBO Max and HBO, aims to bolster its streaming dominance and add popular content like DC Comics, Game of Thrones, and Harry Potter. Despite Netflixs offer exceeding Warner Brothers market value, the merger faces potential antitrust scrutiny. The deal is expected to close in Q3 2026, following Warner Brothers Discoverys separation from Discovery Global.
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