Netflix just bought Warner Bros. Discovery for more than $80 billion — but how will that acquisition change streaming for consumers?
The two streaming services announced on Friday, December 5, that Netflix is gaining Warner Bros. with an equity value of $72 billion and enterprise value of $82.7 billion.
“This acquisition brings together two pioneering entertainment businesses, combining Netflix’s innovation, global reach and best-in-class streaming service with Warner Bros.’ century-long legacy of world-class storytelling,” Netflix said in a press release. “Beloved franchises, shows and movies such as The Big Bang Theory, The Sopranos, Game of Thrones, The Wizard of Oz and the DC Universe will join Netflix’s extensive portfolio including Wednesday, Money Heist, Bridgerton, Adolescence an

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