Netflix to buy Warner Bros. and HBO Max for $83 billion in blockbuster Hollywood deal

In a watershed move, Warner Bros. Discovery announced Friday it has agreed to sell its streaming and studios assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern Hollywood history

Dec 5, 2025 - 16:30
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Netflix to buy Warner Bros. and HBO Max for $83 billion in blockbuster Hollywood deal
In a watershed move, Warner Bros. Discovery announced Friday it has agreed to sell its streaming and studios assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern Hollywood history

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