*Lucas Shaw and Michelle F Davis for Bloomberg News*
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 Friday, Warner Bros. shareholders will receive $27.75 a share in cash and stock in Netflix. The total equity value of the deal is $72 billion, while the enterprise value of the deal is about $82.7 billion.
Prior to the closing of the sale, Warner Bros. will complete the planned spinoff of cable channels including CNN, TBS and TNT.
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*Lucas Shaw and Michelle F Davis for Bloomberg News*
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 Friday, Warner Bros. shareholders will receive $27.75 a share in cash and stock in Netflix. The total equity value of the deal is $72 billion, while the enterprise value of the deal is about $82.7 billion.
Prior to the closing of the sale, Warner Bros. will complete the planned spinoff of cable channels including CNN, TBS and TNT.
[Read the full story here.](https://www.bloomberg.com/news/articles/2025-12-05/netflix-to-buy-warner-bros-in-72-billion-cash-stock-deal?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2NDkzNzIxOSwiZXhwIjoxNzY1NTQyMDE5LCJhcnRpY2xlSWQiOiJUNVhPMEhLSzNOWTgwMCIsImJjb25uZWN0SWQiOiJEMzU0MUJFQjhBQUY0QkUwQkFBOUQzNkI3QjlCRjI4OCJ9.imKYAUHewHaUrVabR4-ppDf6X1HhzPBkpQ8ja6LZcNo)
End stage capitalism….everything becomes one thing. Monopolies thrive, customers suffer, a few get stupid rich.
So you mean there’s a chance for Justice League 2, right?
RIGHT?
#RestoreTheSnyderverse 🦇
Price hike in 3… 2… 1…
Well, I had fun watching The Nolan Batman films while I had them. Guess I won’t need to see them ever again.