Netflix Acquires Warner Bros. Studios and HBO in Landmark $82.7 Billion Megadeal
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Netflix has struck a transformative deal to acquire Warner Bros. studios, HBO, and HBO Max from Warner Bros. Discovery (WBD) in a cash-and-stock transaction valued at $82.7 billion.<\/p>\n
The move catapults Netflix into a content powerhouse, blending its streaming dominance with Warner\u2019s storied Hollywood legacy.<\/p>\n
Announced Friday, the agreement values WBD shares at $27.75 each, with an equity value of $72 billion. It hinges on WBD first spinning off its Global Networks division, including CNN, TNT Sports, and Discovery+, into a separate public company by Q3 2026.<\/p>\n
Netflix plans to preserve Warner Bros.\u2019 operations, including theatrical releases, while integrating its vast libraries.<\/p>\n
Ted Sarandos, co-CEO of Netflix, hailed the union as a storytelling revolution. \u201cBy combining Warner Bros.\u2019 incredible library from timeless classics like Casablanca and Citizen Kane to modern favorites like Harry Potter and Friends with our culture-defining titles like Stranger Things and Squid Game, we\u2019ll give audiences more of what they love,\u201d he said<\/a>.<\/p>\n Co-CEO Greg Peters emphasized growth. \u201cWarner Bros. has defined entertainment for a century. With our global reach, we\u2019ll introduce broader audiences to their worlds, attracting more fans and strengthening the industry.\u201d<\/p>\n David Zaslav, WBD\u2019s president and CEO, celebrated the synergy. \u201cThis combines two of the greatest storytelling companies to bring resonant stories to generations.\u201d<\/p>\n The merger unites icons like Game of Thrones<\/a>, The Sopranos, and the DC Universe with Netflix hits such as Wednesday and Bridgerton. Consumers gain deeper libraries and optimized plans, while creators access global audiences and IP.<\/p>\n Netflix forecasts $2-3 billion in annual cost savings by year three, accretive earnings by year two, and boosted U.S. production jobs.<\/p>\n Follow us on Google News<\/a>, LinkedIn<\/a>, and X<\/a> for daily cybersecurity updates. Contact us<\/a> to feature your stories.<\/strong><\/p>\n The post Netflix Acquires Warner Bros. Studios and HBO in Landmark $82.7 Billion Megadeal<\/a> appeared first on Cyber Security News<\/a>.<\/p>\n<\/div>\n