Netflix’s Warner Bros Takeover: How the $82.7 Billion Deal Could Rewrite the Film Market and Movie Distribution
Netflix’s agreement to acquire Warner Bros’ studio and streaming business in a deal valued at about $82.7 billion is the kind of plot twist that rewrites a franchise — in this case, Hollywood itself.Wikipedia+1 If regulators approve it and Netflix fends off a fresh hostile bid from Paramount Skydance, the world’s biggest streamer will control one of the last great legacy studios, HBO, DC, and a century of film history.The Guardian+1 The transaction, announced on December 5, 2025, would see Warner Bros. Discovery (WBD) spin off its cable networks (CNN, TBS, TNT, Discovery-branded channels) into a separate company, Discovery Global, while
