Netflix Buys Warner Brothers Discovery Streaming
Update: 2025-12-05
Description
Netflix to Acquire Warner Brothers Discoverys Streaming Assets for $82.7 BillionIn a groundbreaking move, Netflix is set to purchase Warner Brothers Discoverys streaming division, including HBO Max, for a staggering $82.7 billion. This acquisition, expected to close after Warner Brothers Discovery spins off its cable networks in Q3 2026, will create a streaming behemoth with an unparalleled content library. Netflixs Ted Sarandos expressed excitement about combining Warner Brothers iconic films and shows, like Harry Potter and Friends, with Netflixs own hits, such as Stranger Things. This news comes as Stranger Things final season premieres, breaking records with over 59.6 million views. Warner Brothers Discoverys David Zaslav welcomed the deal, emphasizing the union of two premier storytelling companies. If approved by regulators, this acquisition could reshape the entertainment industry.
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