Netflix to acquire Warner Bros. for $82.7 billion in a deal that could reshape Hollywood

Netflix is making the biggest acquisition in its history — and one of the largest ever in entertainment — announcing Friday that it has struck a deal to acquire Warner Bros. from Warner Bros. Discovery (WBD) for an enterprise value of $82.7 billion. The cash-and-stock deal will bring together Netflix's world-dominant streaming platform with Warner Bros.' century-old studio, HBO, HBO Max, and some of the most iconic franchises in film and television—from "Harry Potter" and "Game of Thrones" to "Casablanca," ...