For now, the outcome remains highly uncertain. Any acquisition of Warner Bros. Discovery would likely be reviewed by the Trump administration, which could move to block a proposed merger over anti-monopoly concerns, according to antitrust experts from Vanderbilt University, the University of Tennessee and the Cardozo Law School.

Netflix has struck a deal to acquire Warner Bros.’ legendary film and TV studios along with HBO and HBO Max in a transaction valued at about $82.7 billion. The agreement, announced Frida morning, Dec.

The entertainment world is still abuzz from Friday's announcement that Netflix has agreed to an $82.7 billion deal to acquire Warner Bros. Discovery, Inc., including HBO and HBO Max. It will take a while for the sale to be finalized,

Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced their merger. Within days, however, Paramount announced its hostile bid, meaning Paramount plans to appeal to Warner Bros. Discover shareholders in an effort to overcome the wishes of management.

Netflix has announced that it will acquire Warner Bros. in a massive $82.7 billion dollar deal, and will own Warner Bros.' film and TV studios plus HBO and HBO Max.

A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.

The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.

The post Netflix Acquires Warner Bros. Discovery, Including HBO and HBO Max, For A Total Enterprise Value Of $82.7B appeared first on AfroTech. Netflix’s latest deal marks a significant update in the entertainment landscape.

Netflix's proposed acquisition of Warner Bros Discovery's studios and streaming unit is expected to reduce streaming costs for consumers by bundling Netflix and HBO Max, according to two people familiar with the proposal.

Hollywood has a rich history of personal vendettas, political discord and uncertain loyalties shaping the industry.