Skip to Content

Netflix Buys Warner Bros. Discovery's Film and Streaming Units for $83 Billion

This acquisition significantly bolsters Netflix's content library and market dominance, integrating...
Key Metrics

12.72

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2025-12-05
Key Impacts
Positive Impacts (8)
Warner Bros. Discovery Inc.
Netflix Inc.
U.S. High-Yield Media & Entertainment Bond Market
S&P 500 Communication Services Sector Index
Content Delivery Networks (e.g., Akamai, Cloudflare)
U.S. Investment Banks (e.g., Goldman Sachs, JPMorgan)
Negative Impacts (6)
Paramount Global
Comcast Corp. (Peacock)
The Walt Disney Co.
Amazon.com Inc. (Prime Video)
Movie Theater Chains (e.g., AMC, Cinemark)
Theme-Park Operators (Disney Parks, Universal)
Total impacts: 15 | Positive: 8 | Negative: 6
Event Overview

This acquisition significantly bolsters Netflix's content library and market dominance, integrating major franchises and high-quality series. The deal reshapes the entertainment industry, creating a formidable global player.

Collect Records
Netflix Acquires Warner Bros. Discovery's Film and Streaming Business for $83 Billion
2025-12-05 20:14

Netflix has reached an agreement to acquire the film studios and streaming business of Warner Bros. Discovery for $83 billion. This acquisition will reshape Hollywood and create a new global entertainment giant. Through this deal, Netflix not only strengthens its leading position in the streaming market but also gains access to top IPs such as Harry Potter and Batman, as well as high-quality HBO series. After a bidding process, Netflix outbid competitors including Paramount and Comcast. The transaction values the target business at $27.75 per share and is expected to close after Warner Bros. Discovery completes the spin-off and listing of its 'Discovery Global' cable network business.

Total records: 1
CBIRC Lowers Risk Factors for Long-Term Stock Holdings and Insurance Products
The regulatory body has adjusted risk factors, incentivizing long-term investment in specific stock...