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.
 

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.
 
I thought WWE was only on Netflix overseas and in the US, it's on ESPN now?

Isn't AEW a US only product, so no conflict of interest?
No Raw is in Netflix.

Outside the US all WWE is on Netflix this includes Smackdown and all PLE's.

I use a VPN to watch them.

AEW is international not just the US. Their PLE's air on all providers however their home is HBo Max in the US.
 
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Letting Netflix buy a major competitor in a narrow field? Leaving only Disney as major competition?

Not seeing Amazon as major competition. Yet, anyway.
 
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Letting Netflix buy a major competitor in a narrow field? Leaving only Disney as major competition?

Not seeing Amazon as major competition. Yet, anyway.
Just look at the conglomeration of local TV stations? Handful of companies own the majority of them, some own 2 or 3 affiliates in some cities. Then we wonder why satellite carry fees exploded in the last 10 or 20 years?
 
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I mean, as technology and trends advance how many of these things would just be lost / go away if they didn't merge? WB is going away regardless, just a matter of who the bidder will be and how many parts it has to be chopped into.

I'm not concerned about things getting more expensive, if the value isn't there then they don't get my money, it's pretty easy.

Paramount is reportedly going to try and launch a hostile bid.
 

Any '25 Black Friday Peacock Deals?