Netflix is buying Warner Bros. for $83B
Netflix just struck an $82.7 billion deal to acquire Warner Bros.’ studio and streaming assets, bringing HBO, HBO Max, and franchises like Harry Potter and DC Comics under its roof. The streaming giant plans to maintain current studio operations and theatrical releases once the split from Discovery finishes in 2026. Why it matters: The mega-merger would reshape Hollywood, though it faces fierce antitrust scrutiny before crossing the finish line.