Netflix to Buy Warner Bros. for $83 Billion

The Wrap
By Tom LowryDec 5, 2025, 7:27 am61 pts
Netflix said Friday that has entered in an agreement to buy Warner Bros. and HBO and HBO Max for $83 billion. The transaction is expected to close after the previously announced separation of WBD’s Global Networks division, Discovery Global, into a new public company set to be completed in the third quarter…

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