Netflix to Buy Warner Bros. Discovery in Major Streaming Deal

Source: MacRumors

Netflix to Acquire Warner Bros. Discovery

Netflix announced that it will acquire Warner Bros. Discovery’s vast studios and streaming operations for $82.7 billion.

Deal overview

• Assets acquired: Warner Bros., HBO, and HBO Max.
• Structure: Cash‑and‑stock transaction.
• Equity value: $72 billion in Netflix stock.
• Total consideration: $82.7 billion including debt (via …).