在宣布收购华纳兄弟时， 奈飞表示："我们将共同定义下一个世纪的叙事方式，为全球观众打造非凡的娱乐体验。" 此次收购标志着奈飞战略的重大转变——该公司从未进行过如此大规模的并购。作为流媒体先锋，奈飞早年依靠外部授权内容，随后才扩展到原创内容制 作。 每经编辑｜段炼 好莱坞传来重磅消息！ 当地时间12月5日，美国流媒体巨头奈飞公司（Netflix, Inc.）宣布同意收购华纳兄弟探索公司（Warner Bros. Discovery, Inc.）的电影和电视工作室，及其 HBO Max和HBO流媒体服务。 根据奈飞公布的新闻稿，华纳兄弟探索的股东每股将获得23.25美元现金和4.50美元的奈飞普通股，该交易的股权价值为720亿美元（约合人民币5090亿 元），企业价值约为827亿美元（约合人民币5847亿元）。 《哈利波特》剧照 图片来源：豆瓣电影 消息一出，华纳兄弟股价大涨，但奈飞股价却跌了。 据悉，这项具有历史意义的并购交易预计将在12至18个月内完成。富国银行、法国巴黎银行和汇丰将将提供590亿美元债务融资。 在此之前，华纳兄弟探索公司先要将其网络（新闻）部门分拆出来，作为一家独立的上市公司"Discove ...

当地时间12月5日，奈飞宣布将收购华纳兄弟探索公司（Warner Bros. Discovery，简称WBD）的影视制作部门和流媒体业务，公司 估值827亿美元，本次交易以现金为主，总股权价值达到720亿美元（约合5000亿元人民币），预计将在12至18个月内完成。在交易 完成前，华纳兄弟需要进行对CNN、TBS和TNT等有线频道的分拆。 奈飞表示："我们将共同定义下一个世纪的叙事方式，为全球观众打造非凡的娱乐体验。" 此次被奈飞收购的华纳兄弟公司资产包括华纳兄弟影业、HBO、HBO MAX流媒体等。与此同时，《生活大爆炸》《哈利·波特》 《权力的游戏》DC宇宙等经典华纳IP也将归于奈飞旗下。 这项具有历史意义的并购交易预计将在12至18个月内完成。在此之前，华纳兄弟探索公司先要将其网络（新闻）部门分拆出来，作 为一家独立的上市公司"Discovery Global"。 奈飞提到，并购还需要获得相关监管机构的批准。分析指出，如果这项交易落地，意味着全球最大的付费流媒体服务公司与好莱坞 最古老、最具声望的电影公司结合在一起。 随着观众持续转向流媒体，传统电视业务遭遇严重萎缩。在最近一个季度中，华纳兄弟有线电视网 ...

Core Viewpoint - Netflix has agreed to acquire Warner Bros. Discovery's film and television studios, along with its HBO Max and HBO streaming services, marking a significant shift in its strategy towards large-scale mergers and acquisitions [1][3][5]. Group 1: Acquisition Details - The acquisition involves Warner Bros. Discovery shareholders receiving $23.25 in cash and $4.50 in Netflix common stock per share, valuing the equity at $72 billion and the enterprise value at approximately $82.7 billion [1][3]. - The deal is expected to be completed within 12 to 18 months, pending the separation of Warner Bros. Discovery's news division into an independent publicly traded company, "Discovery Global" [3]. Group 2: Strategic Implications - This acquisition will make Netflix the owner of HBO and its extensive library of popular series, including "Harry Potter" and "Friends," significantly enhancing its content portfolio [5]. - Netflix's co-CEO, Ted Sarandos, emphasized the goal of delivering more beloved content to audiences and shaping the narrative landscape for the next century [5]. Group 3: Financial Projections - The combined companies are projected to achieve annual cost savings of at least $2 to $3 billion starting in the third year post-acquisition [6]. - Netflix plans to maintain Warner Bros. Discovery's existing operations and continue to develop its strengths, including theatrical releases, which have been a concern for Hollywood [6]. Group 4: Market Context - The acquisition comes as traditional television businesses face significant declines, with Warner Bros. Discovery's cable network revenue dropping by 23% in the last quarter due to subscriber churn and advertisers shifting away [3]. - The competitive landscape is highlighted by Netflix's assertion that its main competitor is YouTube, owned by Alphabet, rather than other streaming services [6].