Looks like Netflix/Warner Bros. is happening.

[KAB]

Netflix Wins Bidding War For Warner Bros. Discovery, Will Start Exclusive Deal Talks

Netflix has emerged victorious with what appears to be the highest bid for Warner Bros. Discovery and the two sides are set to start exclusive talks.

deadline.com

 

[Scott Greczkowski]

Wonder what this will mean for AEW Wrestling? I can't see them having AEW and WWE both on Netflix.

 

[osu1991]

Netflix & Warner Bros. Discovery Confirm $82.7B Mega-Deal That Reshapes The Industry

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

deadline.com

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.