Netflix to acquire Warner Bros. studio and streaming business for $72 billion
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Netflix has struck a deal to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max. The $72 billion deal announced Friday would bring together two of the biggest players in television and film and potentially reshape the entertainment industry. If approved by regulators, the merger would put two of the world’s biggest streaming services under the same ownership — and join Warner’s television and motion picture division, including DC Studios, with Netflix’s vast library and its production arm, which has released popular titles such as “Stranger Things” and “Squid Game.”
Netflix to buy Warner Bros. Discovery, home to Harry Potter and Superman franchises, for $72 billion
Netflix to buy Warner Bros. Discovery, home to Harry Potter and Superman franchises, for $72 billion.
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