Netflix Is Buying Warner Bros. Discovery for $72 Billion. Here's What It Means for Investors

Key Points Streaming giant Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $27.75 per share. The acquisition will bring HBO Max and all of its content into Netflix’s ecosystem. The deal is expected to be finalized in late 2026. 10 stocks we like better than Netflix › Streaming giant Netflix (NASDAQ: NFLX) just announced its largest acquisition ever. The company plans to acquire certain assets owned by Warner Bros. Discovery (NASDAQ: WBD) for $72 billion. This is so ...