NETFLIX TO ACQUIRE WARNER BROS
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If the deal goes through, an algorithm-powered streaming titan would gobble up a 102-year-old movie studio synonymous with the romance of Old Hollywood.
Tis the season for mergers and acquisitions as Netflix agrees to buy Warner Bros Discovery's TV and film studios for $72 billion.
Piece by piece, Netflix has disrupted a more-than-century-old industry. Now it’s buying some of Hollywood’s most iconic properties.
Netflix, Inc. announced on Friday that it will acquire Warner Bros. and its film and television studios for $72 billion. The purchase is expected to close in late 2026, according to a Netflix news release.