Netflix has introduced that it’s going to formally purchase Warner Bros. in a $72 billion deal. The deal is anticipated to be accomplished in Q3 2026, when the Discovery International division turns right into a publicly-traded firm. The acquisition will lead Warner Bros. Video games and its subsidiaries, particularly Avalanche Software program, NetherRealm Studios, Portkey Video games, Rocksteady Studios, TT Video games, WB Video games Boston, WB Video games Montreal, WB Video games New York, and WB Video games San Francisco, to be a part of the Netflix portfolio.
Right this moment, Netflix introduced our acquisition of Warner Bros. Collectively, we’ll outline the following century of storytelling, creating a unprecedented leisure providing for audiences all over the place. pic.twitter.com/0pdsMUEob8
— Netflix (@netflix) December 5, 2025
Netflix co-CEO Ted Sarandos commented on the information in a press launch:
“Our mission has at all times been to entertain the world. By combining Warner Bros.’ unbelievable library of exhibits and films—from timeless classics like Casablanca and Citizen Kaneto trendy favorites like Harry Potter and Mates—with our culture-defining titles like Stranger Issues, KPop Demon Hunters, and Squid Sport, we’ll have the ability to try this even higher. Collectively, we can provide audiences extra of what they love and assist outline the following century of storytelling.”
Netflix co-CEO Greg Peters added:
“This acquisition will enhance our providing and speed up our enterprise for many years to come back. Warner Bros. has helped outline leisure for greater than a century and continues to take action with phenomenal inventive executives and manufacturing capabilities. With our world attain and confirmed enterprise mannequin, we will introduce a broader viewers to the worlds they create—giving our members extra choices, attracting extra followers to our best-in-class streaming service, strengthening all the leisure trade and creating extra worth for shareholders.”
Warner Bros. Uncover president and CEO David Zaslav:
“Right this moment’s announcement combines two of the best storytelling corporations on this planet to deliver to much more folks the leisure they love to look at probably the most. For greater than a century, Warner Bros. has thrilled audiences, captured the world’s consideration, and formed our tradition. By coming along with Netflix, we are going to guarantee folks all over the place will proceed to benefit from the world’s most resonant tales for generations to come back.”
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