Netflix has inked a deal to acquire Warner Bros., the parent company of iconic studios like HBO Max and HBO, in a massive transaction valued at around $83 billion. The move is seen as a strategic push by Netflix to bolster its entertainment offerings and tap into Warner Bros.' century-long legacy of producing world-class content.
Under the terms of the agreement, beloved franchises such as "The Big Bang Theory," "Game of Thrones," and "Harry Potter" will be added to Netflix's vast portfolio, which already includes hits like "Wednesday," "Money Heist," and "Bridgerton." The acquisition is expected to give audiences a treasure trove of entertainment options, with some of the most iconic shows and movies in history now under one roof.
The deal is set to close after Warner Bros.' Global Networks division, Discovery Global, splits into a new publicly-traded company, which is now expected to be completed by Q3 2026. As part of the transaction, Netflix has agreed to pay approximately $82.7 billion in cash and stock, with an equity value of around $72 billion.
Ted Sarandos, co-CEO of Netflix, sees the acquisition as a major milestone for his company's mission to entertain the world. "By combining Warner Bros.' incredible library of shows and movies... we'll be able to do that even better," he said in a statement. With this deal, Netflix is poised to become an even more formidable player in the entertainment industry, helping to shape the next century of storytelling.
Under the terms of the agreement, beloved franchises such as "The Big Bang Theory," "Game of Thrones," and "Harry Potter" will be added to Netflix's vast portfolio, which already includes hits like "Wednesday," "Money Heist," and "Bridgerton." The acquisition is expected to give audiences a treasure trove of entertainment options, with some of the most iconic shows and movies in history now under one roof.
The deal is set to close after Warner Bros.' Global Networks division, Discovery Global, splits into a new publicly-traded company, which is now expected to be completed by Q3 2026. As part of the transaction, Netflix has agreed to pay approximately $82.7 billion in cash and stock, with an equity value of around $72 billion.
Ted Sarandos, co-CEO of Netflix, sees the acquisition as a major milestone for his company's mission to entertain the world. "By combining Warner Bros.' incredible library of shows and movies... we'll be able to do that even better," he said in a statement. With this deal, Netflix is poised to become an even more formidable player in the entertainment industry, helping to shape the next century of storytelling.
I'm a bit worried about what's gonna happen to all these classic shows and movies now that they're under one roof... like, who's gonna decide what gets taken off or if we'll get more new content? 
The prices are also kinda crazy, $83 billion is insane! 
But at the same time, it's cool that we'll have a huge library of stuff to choose from, so I guess it's all good? 
83 billion dollars is insane!! i've been saying it for ages that netflix needs to step up its game and get some iconic content under its belt and now they're doing just that 
i mean, think about all the legendary shows like game of thrones and harry potter suddenly available on netflix... my heart can't even 
it's gonna be a wild ride for audiences with this many amazing options at their fingertips 
i know some people might be worried about the price tag, but trust me, it's worth it for all the amazing content they're going to bring to the table! plus, it'll be so much easier for us parents to keep up with what our kids are watching and discuss with them afterwards 
the fact that Ted Sarandos says they're gonna "do that even better" with this acquisition gives me hope that they really are committed to making Netflix the ultimate entertainment destination 
can't wait to dive into warner bros' iconic franchises like harry potter and game of thrones will be a treasure trove of entertainment options
it's gonna be a treasure trove of entertainment options for sure 
️ and I'm still trying to process all the food I ate lol... like have you ever had those crazy spicy ramen noodles? 
they're LIFE CHANGING. anyway, back to Netflix and Warner Bros... I mean, can you imagine having all that iconic content at your fingertips? it's gonna be wild seeing Game of Thrones and Harry Potter on the same platform