Warner Bros. Discovery shareholders are expected to vote on a proposed $82.7 billion deal with Netflix, potentially reshaping the global streaming landscape.
Warner Bros. Discovery is reportedly nearing a shareholder vote on an $82.7 billion deal involving Netflix, a move that could mark one of the most consequential consolidations in streaming history.
Why Netflix consolidation now
Streaming economics are tightening. Content costs remain high, subscriber growth is slowing, and profitability pressures are mounting.
A combination could:
- Pool content libraries
- Reduce duplication of spend
- Improve global negotiating power
Regulatory and market hurdles by Warner Bros.
Such a deal would face intense regulatory scrutiny, particularly around market dominance and content control.
However, the fragmented nature of global media markets may work in its favor.
A defining vote
If approved, the deal would signal that the streaming wars are entering a consolidation phase — where scale and efficiency matter more than rapid expansion.
For the industry, the vote represents a potential end to the era of unlimited streaming experimentation.
