(the company) and warner bros Netflix has agreed an $83bn takeover of warner bros discovery, handing it control of one of hollywood’s most celebrated studios and creating a global entertainment powerhouse. (wbd) announced they have entered into a definitive agreement under which netflix will acquire warner bros., including its film and television studios, hbo max and hbo.
Netflix announced it's reached a deal to buy wbd, bringing a swift end to a dramatic bidding process that also involved paramount skydance and comcast. And hbo max in $82.7 billion deal acquisition expected to close following warner bros The boards of both netflix and wbd voted “unanimously” to approve the deal
Once the split takes effect, netflix intends to acquire the warner half. Netflix to buy warner bros
