Netflix to Buy Warner Bros. Discovery in Major Streaming Deal

, By MacRumors
Netflix to Buy Warner Bros. Discovery in Major Streaming Deal
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Netflix today announced that it will acquire Warner Bros. Discovery’s vast studios and streaming operations for $82.7 billion.

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The transaction will see Netflix acquire Warner Bros., HBO, and HBO Max in a cash-and-stock deal valued at $72 billion in equity and $82.7 billion, including debt (via Reuters). The acquisition gives it control of major franchises, including DC, Game of Thrones, Harry Potter, Looney Tunes, and the Warner Bros. film library, dramatically expanding the volume and diversity of…



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Netflix to Buy Warner Bros. Discovery in Major Streaming Deal

, Published By MacRumors
Netflix to Buy Warner Bros. Discovery in Major Streaming Deal
Apple


Netflix today announced that it will acquire Warner Bros. Discovery’s vast studios and streaming operations for $82.7 billion.

Netflix Smaller 2
The transaction will see Netflix acquire Warner Bros., HBO, and HBO Max in a cash-and-stock deal valued at $72 billion in equity and $82.7 billion, including debt (via Reuters). The acquisition gives it control of major franchises, including DC, Game of Thrones, Harry Potter, Looney Tunes, and the Warner Bros. film library, dramatically expanding the volume and diversity of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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