Posted on 12/05/2025 5:57:22 AM PST by T.B. Yoits
Netflix agreed to buy Warner Bros. Discovery in a $72 billion deal, the streaming service announced on Friday.
Under the deal, Netflix will acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max. Franchises, shows and movies such as "The Big Bang Theory," "The Sopranos," "Game of Thrones," "The Wizard of Oz" and the DC Universe will join Netflix’s extensive portfolio.
The cash-and-stock deal is valued at $27.75 per Warner Bros. Discovery share and has an enterprise value, is the total value of a company, including debt, of $82.7 billion. The value of Warner Bros. Discovery shares are $72 billion.
The transaction is expected to close after Warner Bros. Discovery separates its Streaming & Studios and Global Networks divisions into two separate publicly traded companies, which is now expected to be completed in the back half of 2026.
"This acquisition will improve our offering and accelerate our business for decades to come," Netflix co-CEO Greg Peters said. "Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities."
The move marks a significant move in the entertainment industry as it underpins Netflix as the most powerful distribution platform. In its latest quarter,
Netflix added a record ~18.9 million new users in Q4 2024, pushing it past the 300 million milestone — a sign that despite growing competition, it’s still expanding rapidly.
(Excerpt) Read more at foxbusiness.com ...
Expect to see a lot more recycled garbage in the next few years.
Warner Brothers is most definitely not worth $72 billion. All the old studios are going down the toilet and will be worth even less 5 years from now than they are now. They are losing value faster than a new car that is driven off the lot.
The streaming evolution is causing change on a scale unthinkable only a few years back. All the old providers are trying mightily to prevail in the new market.
Discovery could not. Organizationally it could not attract enough viewers to survive.
We’re going in the wrong direction. Woke Netflix needs to go under, not grow.
This will likely be rejected by the US, EU, and other authorities. No way it will even pass. It’s part of a pressure by Reed Hastings and the rest of the crew to buy an entire studio, empty its library, and destroy it while pushing new X-rated material not in the cinema but on their service.
This is to raise the stock price of Netflix, but it will not even clear any antitrust offices. This isn’t Biden when he let Bezos take over MGM. You’re dealing with a tougher FTC and FCC.
The whole point is to move movies solely to Netflix on Netflix films on their service, skip the cinema. You dry the library of characters and use it to promote your adult entertainment.
Don’t know if anybody can mess up the DC comic heroes worse, but I’m sure Netflix will give it their best shot.
It’s funny...the consolidation of these companies will end up with a few large operators. Just like the cable industry that was regulated to death in the mid 1990s.
Everything old is new again.
I guess since Netflix is buying up warner bros, I should keep my 300 dvds instead of having to pay $3.99- 9.99 to watch old movies.
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