Netflix To Acquire Warner Bros. Discovery In $72 Billion Hollywood Merger
7 weeks ago
Netflix is set to acquire Warner Bros. Discovery in a blockbuster $72 billion deal, merging two Hollywood giants.
The acquisition will combine Warner’s film and TV divisions, HBO Max, and DC Studios with Netflix’s streaming platform and original content like Stranger Things and Squid Game. The cash-and-stock deal values Warner shares at $27.75 each, giving the transaction an enterprise value of roughly $82.7 billion.
The merger is expected to finalize after Warner separates Discovery Global into a new publicly traded company in the third quarter of 2026.
The acquisition will combine Warner’s film and TV divisions, HBO Max, and DC Studios with Netflix’s streaming platform and original content like Stranger Things and Squid Game. The cash-and-stock deal values Warner shares at $27.75 each, giving the transaction an enterprise value of roughly $82.7 billion.
The merger is expected to finalize after Warner separates Discovery Global into a new publicly traded company in the third quarter of 2026.
