Netflix Is Buying Warner Bros. Discovery for $72 Billion.
The Motley Fool·2025-12-05 15:36Netflix just made a big acquisition. Will it pay off for the company?Streaming giant Netflix (NFLX 1.53%) just announced its largest acquisition ever. The company plans to acquire certain assets owned by Warner Bros. Discovery (WBD +3.57%) for $72 billion.This is somewhat uncharacteristic of Netflix, which typically relies on content it produces itself and licensing deals to feature content owned by third parties. So, here are the details of the deal and what Netflix's investors should keep in mind.A cash-a ...