The article was originally published on https://sfist.com/2025/12/05/netflix-strikes-deal-to-acquire-warner-bros-and-hbo-to-create-s/If government regulators don't torpedo the deal, Netflix is poised to become a movie, TV, and streaming giant even larger than it is today, bringing everything from Batman to Game of Thrones into its fold. Los Gatos-based Netflix reportedly put in the winning bid to acquire Warner Bros., one of the great legacy studios in Hollywood with a 100-year-old film catalog, along with its television and streaming arms, in a cash and stock deal that values the company at $82.7 billion. Per the New York Times, the deal includes Warner Bros. Discovery's debt, and it will involve spinning off the Discovery cable business as a separate, publicly traded company next year —

See Full Page