Looks like Netflix/Warner Bros. is happening.


Netflix is officially buying Warner Bros. Discovery for a total enterprise value of $82.7B.

The industry-changing deal will see Netflix paying $27.75 a share for the venerable Hollywood studio, with a total equity value of $72B. Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO, subject to regulatory conditions – of which there will be several.

The deal will follow after WBD's global networks division, Discovery Global, spins out into a new publicly-traded company, a move that is now expected to happen in Q3 2026.
 
We just keep letting these companies get larger, control more content and control pricing.
Soon there will be 4 companies owning everything and you will have sub to all of them to get all the content you want and your back to cable all over again. :smug
 
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Netflix is officially buying Warner Bros. Discovery for a total enterprise value of $82.7B.

The industry-changing deal will see Netflix paying $27.75 a share for the venerable Hollywood studio, with a total equity value of $72B. Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO, subject to regulatory conditions – of which there will be several.

The deal will follow after WBD's global networks division, Discovery Global, spins out into a new publicly-traded company, a move that is now expected to happen in Q3 2026.
Not buying WBD. Only buying WB. The Discovery Global business (all of the linear networks) will be spun off separately prior to the transaction.
 
Not buying WBD. Only buying WB. The Discovery Global business (all of the linear networks) will be spun off separately prior to the transaction.
Basically, keeping the parts that have lost the most value and continue to lose more every day.
 

Any '25 Black Friday Peacock Deals?