Netflix's $82.7 Billion Acquisition of Warner Bros.

In a groundbreaking deal, Netflix has announced plans to acquire Warner Bros. for a staggering $82.7 billion, combining the world’s leading streaming service with the legendary studio known for classic films like "Casablanca" and the immensely popular "Harry Potter" series.

Deal Finalization Timeline

Netflix stated that the acquisition is projected to be finalized following the spin-off of Warner Bros. Discovery’s television network sector, known as Discovery Global, which is anticipated to occur by the third quarter of 2026.