Warner Bros Discovery

Netflix’s Bold $72bn Bet On Warner Bros

Netflix’s Bold $72bn Bet On Warner Bros

December 5, 2025 2:38 pm

Netflix is making the biggest gamble in its history: a $72bn deal to acquire the film and streaming businesses of Warner Bros Discovery. The agreement, approved unanimously by both companies’ boards, positions Netflix at the centre of a dramatic shift in Hollywood’s balance of power.

The streaming giant outbid Comcast and Paramount Skydance after a long contest, securing control of some of the world’s most valuable entertainment assets. Warner Bros brings with it storied franchises like Harry Potter, Game of Thrones, and the global reach of HBO Max—brands that have shaped modern pop culture.

Netflix co-chief executive Ted Sarandos said …

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

October 22, 2025 6:12 am

Warner Bros Discovery has turned down a nearly $60 billion all-cash offer from Paramount Skydance, as the entertainment giant begins exploring other strategic options, including a potential split of its major businesses.

Reuters first reported that the Warner Bros Discovery board rejected the proposal, valued at about $24 per share. The bid covered the company’s extensive assets, including Warner Bros film and television studios, CNN, HBO Max, and a portfolio of cable channels. Shares of Warner Bros Discovery jumped 11% on Tuesday following the news.

In a statement released Tuesday, Warner Bros Discovery confirmed that it would evaluate a range …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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