Netflix announces the acquisition of Warner Bros.
Total enterprise value of $82.7 billion
Combination of iconic franchises and leading entertainment services
Transaction expected to close in Q3 2026
Strategic Acquisition
Netflix to acquire Warner Bros., including film and TV studios, for $82.7 billion.
Creating Entertainment Offering
Combining iconic franchises and global reach for an extraordinary entertainment portfolio.
Strengthening Industry
Enhancing studio capabilities and expanding U.S. production capacity.
Value for Consumers
More choice, greater value, and access to extensive film and TV libraries.
Shareholder Value
Generating value through increased investments in original content and talent opportunities.
- Combining Netflix and Warner Bros. to create a powerhouse in entertainment.
- Expanding content offerings and global reach for consumers.
- Enhancing studio capabilities to boost production and job opportunities in the industry.
- Creating synergy for talent to work with beloved franchises and tell new stories.
The acquisition of Warner Bros. by Netflix marks a strategic move to revolutionize the entertainment industry, offering consumers more choices and value while enhancing opportunities for the creative community. This collaboration is poised to shape the next era of storytelling and strengthen shareholder value in the evolving entertainment landscape.