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Netflix Acquires Warner Bros. for $82.7B, Reshaping Media Landscape

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Forbes, DI
TL;DR

Netflix will acquire Warner Bros. Discovery's film and television studios, including HBO and HBO Max, for $82.7 billion, with the deal expected to close in Q3 2026 following the spin-off of Warner Bros. Discovery’s global network division. HBO and HBO Max will continue as separate streaming services post-acquisition, while their content will also be integrated into Netflix alongside Warner Bros.’ library of titles.

Key takeaways

  • Netflix is set to acquire Warner Bros
  • Discovery's film and television studios, including HBO and HBO Max, in a transaction valued at $82
  • 7 billion, according to Forbes
Netflix is set to acquire Warner Bros. Discovery's film and television studios, including HBO and HBO Max, in a transaction valued at $82.7 billion, according to Forbes. The acquisition is anticipated to close in Q3 2026, preceded by the spin-off of Warner Bros. Discovery's global network division into an independent entity. Netflix Co-CEO Ted Sarandos has affirmed that Warner Bros.’ existing theatrical commitments will be honored through 2029, while indicating a potential adjustment to the traditional long-term exclusive release windows. Post-acquisition, HBO and HBO Max will continue to operate as distinct streaming services, with their content also integrated into Netflix's offerings. This strategic move will combine Warner Bros.’ extensive library, featuring titles such as *Casablanca* and the *Harry Potter* franchise, with Netflix's popular original programming, including *Stranger Things*.

Related Topics

NetflixWarner Bros. DiscoveryAcquisitionMediaStreamingHBOTheatrical Releases

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