Dec 06, 2025
3 min read
The big Hollywood deal means Netflix will take ownership of franchises including Harry Potter and Game of Thrones.
Netflix to buy movies and smart companies Warner Bros.for 72 billion dollars
Netflix has agreed to buy the film for $ 72BN (£54bn) in the largest movie.
Breast emerges as the winner of Warner bres ahead of RuVcals and Skydant Skydance after a protracted battle.
Warner Bros.owns franchises including Harry Potter and Game of Thrones and the streaming service HBO Max.
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Some in the film industry, including the Writers Guild of America, criticized the deal, saying it would have a negative effect on workers and consumers.
Netflix co-CEO Ted Sarendos said the streamer was "very confident" it would get the regulatory approval it needed and was moving "full speed" toward it.
He said that by combining Warner Bros' library of shows and movies with the streaming platform's series like Stranger Things, "we can give audiences more of what they love and help define the next century of history."
"Bros pés have been shown in entertainment entertainment, and together they can determine what is legal," he said.
Asked whether HBO would retain a separate streaming service, CEO Greg Peters said Netflix believes the HBO brand is important to consumers, but added, "We think it's too early to detail how we're going to align that offering with consumers."
Netflix estimates that it will save $2 billion by eliminating the business support and technology areas, down from $3 billion in savings.
Movies produced by Warner Bros. will continue to be released in theaters, he said, and Warner Bros. Television Studios will continue to produce third-party productions.Netflix will continue to produce content exclusively through its platform.
Be foolish on the company's 'big day' Mr. Sarandos agreed to buy out the consultancy, but this is an 'opportunity to be successful' for many years to come."
David Zaslav, President and Grand Leader of the Warning Brethren, added the endorsement of "the two best texts in the world."
"By joining forces with Netflix, we will ensure that everyone will continue to enjoy the world's most entertaining stories for generations to come," he said.
The cash and stock deal values Warner Bros. at $27.75 a share, valuing the company's total enterprise value — which includes the company's debt and the value of its stock — at about $82.7 billion.The cost of capital, or cash price, is $72 billion.
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Others in the film industry criticized the deal.
Lists of writers of the east of America and the West issued a joint statement on Friday that said, ".
“The result will be job losses, lower wages, worse conditions for all entertainment workers, higher prices for consumers and reduced volume and variety of content for all viewers,” he said.
Michael O'Leary, chief executive of trade organization Cinema United, said the merger posed an "unprecedented threat" to the global film business.
"The negative impact of this acquisition will affect movie theaters from major chains to independent single-screen theaters in small towns across the United States and around the world," he said.
Netflix will complete the takeover after Warner Bros completes its previously announced plans to separate its streaming and studio division from its global network division into two companies next year.
Its Global Networks division will be Global Discovery and will include its cable channels such as CNN and TNT Sports in the US, as well as its Discovery and free-to-air channels in Europe.
However, TNT Sports International will retain the streaming division and studios that are being sold to Netflix.
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But he warned that while it was a "surprising move" for Warner Bros., given the size of the deal, it "could create a headache for Netflix" when trying to bring the companies together.
While the agreed deal is for part of Warner Bros.'s business, rival Paramount made an offer in October to buy the entire company, including its cable networks.
Warner Bros.Rejected the move before putting himself up for sale.
Before the deal was announced, Tom Harrington, the head of television analysis of Terrorists, said that it is difficult to imagine that the transfer will be approved by the governing bodies, but if it happens, it will have a big impact on the cinema.
"If this goes through, Hollywood will change," he said.
Harrington said there were "big cuts" in television shows from the newly built companies, which could lead to resistance from Hollywood and related units to the change.
For consumers Mr Harrington said the merger could lead to higher prices.
"Netflix would be more expensive, and even if HBO Max ends/increases, the large penetration of Netflix households will mean an increase in overall subscriber revenue."
Danny Hewson, head of financial analysis at AJ Bell, said Netflix had offered Hollywood an olive branch by pledging to continue bringing Warner Bros. films to the big screen.
"If this deal can clear those significant regulatory hurdles quickly there are likely to be considerable cost savings to be made," she said.
"How much of that savings is passed on to the platform's subscribers or whether Netflix appears to have too much pricing power is an area that will face considerable scrutiny in the coming months."
With additional reporting by Natalie Sherman
