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Netflix to buy Warner Bros in $72 billion cash, stock deal
BusinessLine· 2025-12-05 13:35
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.Under the deal announced on Friday, Warner Bros. shareholders will receive $27.75 per share in cash and Netflix stock. The total equity value of the deal is $72 billion, while the enterprise value is about $82.7 billion. Prior to the closing of the sale, Warner Bros. will complete the planned spinoff of cable channels, i ...