Netflix Is Set To Acquire Warner Bros. in a Landmark 82 Billion Dollar Deal

Streaming giant Netflix is preparing to make one of the biggest moves in entertainment history. The company has reached an agreement to acquire Warner Bros., a deal valued at more than 82 billion dollars once everything is finalized. The announcement comes as Warner Bros. Discovery prepares to spin off its Global Networks division into a separate company called Discovery Global, a step that is expected to be completed by the third quarter of 2026.

While the deal still needs regulatory approvals and shareholder votes, both companies have signed off on the plan. If all goes smoothly, Netflix will soon take ownership of Warner Bros., HBO, HBO Max, and the studio’s long list of iconic franchises.

What makes this merger stand out is how complementary the two entertainment giants are. Warner Bros. has shaped film and television for over a century, while Netflix has changed how the world consumes content through streaming. Classic titles like Casablanca, The Wizard of Oz and The Sopranos could eventually live under the same umbrella as Netflix hits such as Money Heist, Wednesday and Bridgerton.

Netflix leadership described the acquisition as a major step toward giving viewers more choices while expanding the company’s creative reach. They shared that the talent working under Warner Bros. will continue developing new projects, and Netflix plans to keep the studio’s theatrical releases intact. The combined libraries and production resources are expected to deepen Netflix’s catalog and boost its long term plans for original content.

Warner Bros. Discovery’s CEO expressed confidence in the merger, saying the move helps ensure that audiences around the world can continue enjoying the stories created by one of the most influential studios in history. By bringing Warner Bros. titles into Netflix’s global ecosystem, the company hopes to amplify the impact of its franchises and connect them to an even broader audience.

The acquisition is also projected to create more opportunities for the creative community. With Netflix’s reach and Warner Bros.’ library of well loved IP, writers and filmmakers will have more ways to bring stories to life and reach fans. On the business side, Netflix expects the larger catalog to attract more subscribers and generate strong long term returns, supported by billions in projected cost savings once the companies fully combine operations.

For viewers, the outcome is simple, the already massive pool of entertainment available on Netflix could soon get even bigger. For the industry, it signals another major shift as streaming and traditional studios continue to collide in unexpected ways. More details will unfold in the coming months as the companies work toward completing the transaction.

(via Netflix)