Netflix to Acquire Warner Bros. in Landmark $83 Billion Deal
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Streaming giant Netflix has agreed to buy Warner Bros. in a deal valued at $83 billion. The company announced it has signed a "definitive agreement" for the historic acquisition.
The purchase includes the entire Warner Bros. film and television studios. It also brings the HBO and HBO Max streaming services under Netflix's control.
This merger combines one of the world's leading streaming platforms with a major Hollywood studio and content library. The deal is expected to reshape the global entertainment landscape.
Regulators must still approve the agreement before it is finalized. If approved, the acquisition would be one of the largest in media industry history.