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Netflix wins the bidding war for Warner Bros.

Published: (December 5, 2025 at 03:39 AM EST)
1 min read
Source: The Verge

Source: The Verge

Deal Overview

Netflix is poised to purchase Warner Bros.’ studio and streaming business after being selected as the winner of the bidding war for the media giant. The two companies will now move forward into exclusive deal talks, TheWrap reports, likely including a $5 billion break‑up fee in case regulators block the transaction.

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