Netflix is buying Warner Bros. in an $83B mega‑deal

In a blockbuster move, Netflix has agreed to acquire Warner Bros. Discovery’s film and television studios — including HBO and its streaming service HBO Max — in a deal valued at roughly $82.7 billion. Under the terms, Warner Bros. shareholders will receive US $27.75 per share, giving the acquisition an equity value of about US $72 billion and a total enterprise value of US $82.7 billion (including debt). The purchase comes after Warner Bros. Discovery’s decision to spin off its cable‑network businesses (like CNN, Discovery, and other linear networks) into a separate company — only the studio and streaming assets are being sold to Netflix. With this acquisition, Netflix dramatically expands its content library, adding iconic franchises and ancient film/TV archives from Warner Bros. — a move that could reshape the global entertainment landscape. Netflix said it will keep Warner Bros.’ existing operations intact and absorb its studios and streaming services into its already vast platform. The companies expect the deal to finalize within the next 12 to 18 months, contingent on the completion of the spin-off and regulatory approvals. #Netflix #WarnerBros #StreamingWars #MediaMerger #SlimScan #GrowthStocks #CANSLIM