Netflix to Acquire Warner Bros. in USD 82.7 Billion Deal Following WBD Spin-Off

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Netflix to Acquire Warner Bros. in USD 82.7 Billion Deal Following WBD Spin-Off
Netflix and Warner Bros Discovery (WBD) today announced that they have entered into a definitive agreement under which Netflix will acquire Warner Bros, including its film and television studios, HBO and HBO Max, in a cash-and-stock deal valued at USD 27.75 per WBD share.

Also Read: Government Partners with Netflix to Boost India’s Tourism Through Cinematic Storytelling

Agreement Between Netflix and WBD

The transaction reflects an equity value of approximately USD 72 billion and an enterprise value of about USD 82.7 billion. The acquisition is…



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Netflix to Acquire Warner Bros. in USD 82.7 Billion Deal Following WBD Spin-Off


Netflix to Acquire Warner Bros. in USD 82.7 Billion Deal Following WBD Spin-Off
Netflix and Warner Bros Discovery (WBD) today announced that they have entered into a definitive agreement under which Netflix will acquire Warner Bros, including its film and television studios, HBO and HBO Max, in a cash-and-stock deal valued at USD 27.75 per WBD share.

Also Read: Government Partners with Netflix to Boost India’s Tourism Through Cinematic Storytelling

Agreement Between Netflix and WBD

The transaction reflects an equity value of approximately USD 72 billion and an enterprise value of about USD 82.7 billion. The acquisition is…



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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