Netflix announced on Friday that it will acquire Warner Bros. in a landmark deal valued at $82.7 billion. The acquisition includes Warner Bros.’ film and television studios, as well as the HBO and HBO Max streaming platforms.
The purchase marks one of the most significant consolidations in the entertainment industry, reinforcing Netflix’s leadership position in streaming and content production. By integrating Warner Bros.’ extensive catalog and creative infrastructure, Netflix aims to strengthen both its original content pipeline and global distribution network.
Analysts expect the merger to accelerate competition with Disney and Amazon, reshaping the balance of power in global media. The addition of Warner’s beloved franchises—such as those from DC, Harry Potter, and HBO’s acclaimed originals—will significantly enrich Netflix’s offerings.
“This acquisition represents the next chapter in storytelling innovation,” said a Netflix spokesperson, emphasizing the company’s commitment to creative freedom and audience choice.
Author’s Summary: Netflix’s $82.7 billion deal to buy Warner Bros. fuses two entertainment powerhouses, expanding Netflix’s reach across film, TV, and streaming markets.