Netflix is buying HBO Max, Warner Bros. in blockbuster $83 billion deal

Published: 1 hour ago (December 5, 2025 at 09:21 AM EST)

1 min read

Source: 9to5Mac

Deal Overview

Netflix has just announced a massive deal that, if it earns regulatory approval, could change the Hollywood landscape forever. Netflix is acquiring Warner Bros. in an estimated $82.7 billion deal, and will take ownership of its film and television studios, HBO Max, and HBO.

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Netflix is buying Warner Bros. for $83 billion

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Netflix to acquire Warner Bros. in a disruptive deal valued at $82.7B

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Netflix to Acquire Warner Bros

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Deal Overview

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