Netflix to buy Warner Bros. in $72B deal
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Netflix To Acquire Warners Bros Discovery In Massive $82.7 Billion Deal: NFLX Stock Falls Over 2%, WBD Gains 3% In Premarket
Netflix agreed to acquire Warner Bros. Discovery (specifically its film/TV studios and streaming assets) for about $82.7 billion — giving Netflix control over major franchises (e.g. DC, Harry Potter,
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing “grave concerns” about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.