Netflix, Inc. (NFLX)
Netflix Wins Bidding War For Warner Bros. Discovery With $83 Billion Deal
The bidding war for Warner Bros. Discovery (WBD) is officially over, as the entertainment giant and Netflix (NFLX) announced an $83 billion deal Friday.
Netflix to acquire Warner Bros in $82.7B deal
Netflix Inc (NASDAQ:NFLX, XETRA:NFC) and Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A) announced an agreement under which Netflix will acquire Warner Bros, including its film and television studios, HBO Max, and HBO, in a transaction valued at approximately $82.7 billion. The deal combines Netflix's global streaming platform with Warner Bros' film and television operations and legacy franchises.
Netflix to acquire Warner Bros. in a disruptive deal valued at $82.7B
In one of the most groundbreaking deals the streaming world has ever seen, Netflix announced on Friday its acquisition of Warner Bros. with an enterprise value of $82.7 billion.
Why Netflix says its Warner Bros. deal won't be a failure like other media mega-mergers before it
Netflix defended its acquisition of Warner Bros. as a strategic and informed move.
Netflix Execs Say Warner Bros. Deal Is No AOL Time Warner Fiasco In The Making
Netflix Co-CEOs Ted Sarandos and Greg Peters sought to reassure investors that their game-changing deal with Warner Bros. Discovery won't become another media business fiasco.
Netflix Will Acquire Warner Bros. In $83 Billion Deal—Discovery Will Be Split Off
Warner Bros. Discovery's shares rose 1.22% to $24.84 in premarket trading early on Friday.
Netflix set to transform media business — and itself — with $83 billion Warner Bros. deal
Netflix will become a vastly bigger and different company once its deal to acquire Warner Bros. Discovery's studio and streaming businesses goes through.
Netflix to buy Warner Bros. Discovery in $72B deal
Streaming giant Netflix will acquire Warner Bros. Discovery's studios and HBO Max platform in a cash-and-stock deal valued at $27.75 per WBD share.
Instant View: Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion
Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer that has upended the media industry.
Netflix to buy Warner Bros Discovery's studios, streaming division for $72 B
Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division for $72 billion.
Netflix to acquire Warner Bros. for $82.7 billion in a deal that could reshape Hollywood
Netflix is buying Warner Bros., adding HBO and major franchises like "Harry Potter" to its content slate.
Netflix agrees blockbuster $72bn deal for Warner Bros studios
Netflix has agreed a $72bn (£54bn) deal to secure Warner Bros Discovery's film and TV studios and supercharge its library through rights to top franchises including Harry Potter and Game of Thrones.
