Netflix is acquiring Warner Bros for approximately $82.7 billion, significantly enhancing its content library and market positioning in the streaming industry.

Target Information

Netflix, a streaming giant, has announced the acquisition of the iconic Hollywood studio Warner Bros for approximately $82.7 billion (around €71 billion). This acquisition comes after Warner Bros separated its Discovery Global division, marking a significant move in the entertainment industry.

By successfully navigating a competitive bidding process, Netflix secures not only Warner Bros' film and television studio but also the streaming service HBO Max and the prestigious DC Studios. The deal is slated for completion in the third quarter of 2026, pending regulatory approvals.

Industry Overview in the U.S.

The streaming industry in the United States has experienced rapid growth over the past decade, with platforms continuously vying for dominance in an increasingly competiti