Netflix to buy Warner Bros for $82.7B — big win for shareholders, big headache for everyone else
Netflix to acquire Warner Bros for $82.7 billion — a deal that could reshape streaming, theaters and studios Netflix announced plans to acquire Warner Bros. for $82.7 billion in a blockbuster deal that would fold major film and TV studios, HBO/HBO Max and related businesses into the streaming giant. The agreement follows the planned separation of Warner Bros. and Discovery and would mark one of the largest media consolidations in decades. The proposed merger has drawn immediate scrutiny from rivals, regulators and creators. U.S. lawmakers and industry groups have warned it could reduce competition, raise prices and weaken theatrical distribution, while some artists and executives have voiced concern about how studio cultures and independent voices may fare under a streaming‑first owner. What the deal covers Acquisition of Warner Bros.' film…
