Netflix Confirms Acquisition Of Warner Bros.
Netflix has recently confirmed through a press release that it’s acquiring Warner Bros, which includes films, the studio, and assets like HBO and HBO Max. According to the official statement from Netflix, the cash and stock transaction is valued at $27.75 per WBD share at the time of agreement. At the same time, total enterprise value is somewhere around $82.7 billion, with equity value being $72.0 billion. After this deal, fans will get shows like The Big Bang Theory, The Sopranos, Game of Thrones, and The Wizard of Oz on Netflix. Apart from that, everything from the DC Universe will also become accessible on Netflix. Ted Sarandos, co-CEO of Netflix, said in the official statement: However, this acquisition will be completed after Warner Bros. is done separating Global Networks divisions from Streaming and Studios. As per the press release, this separation will be done by the third quarter of 2026, and around this time, Netflix and WB will close the transaction. Name Email ID
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