Netflix is buying Warner Bros: All of the latest updates
TL;DR
Netflix has agreed to acquire Warner Bros. for $82.7 billion, including HBO and Warner Games, but excluding CNN and sports assets. The deal faces regulatory scrutiny and industry reactions, with updates on plans and statements from involved parties.
After a bidding war that reportedly also involved Paramount, Comcast, Amazon, and Apple, on December 5th, Netflix struck a deal to buy Warner Bros. for $82.7 billion, buying the studio, HBO / HBO Max, Warner Games, and more, while leaving cable and sports assets, including CNN, TNT Sports, and the Discovery channels out.
There are already questions and comments coming from politicians and regulators about the proposed acquisition, and you can follow along below for all of the latest updates as they come in.
- Netflix’s leadership thinks the Warner Bros. deal won’t be like other big media mergers.
- Netflix is “highly confident” about the regulatory process for the deal.
- The Writers Guild of America published a statement on the deal.
- Netflix on its plans for WB’s theatrical slate:
- THR published WBD CEO David Zaslav’s memo to staff about the Netflix acquisition.
- Netflix’s Warner Bros. deal includes Warner Bros. Games.
- Netflix is buying Warner Bros. for $83 billion
- Netflix is reportedly looking into a bid for Warner Bros. Discovery
- Warner Bros. mergers never work, but they’re trying again anyway
- Netflix, Amazon, and Apple are reportedly interested in buying Warner Bros.
- Warner Bros. Discovery is ready for a sale