Netflix has announced its intention to acquire Warner Bros Discovery’s film and television studios, along with the popular streaming service HBO Max, in a deal valued at approximately $108.5 billion. This acquisition comes after an intense bidding process between Netflix and Paramount, led by David Ellison, for full control of Warner Bros.
As part of this significant merger, a range of beloved titles including The Big Bang Theory, Game of Thrones, and The Wizard of Oz will soon be available on the Netflix platform, enhancing its already extensive library of content.
Netflix has indicated that the deal is anticipated to be finalized following the planned spin-off of Warner Bros’s global networks division, Discovery Global, which is now projected to occur in the third quarter of 2026. This makes a promising future for Netflix as it aims to expand its audience with iconic franchises that have entertained viewers for years.
This acquisition not only strengthens Netflix’s position in the streaming industry but also offers exciting opportunities for new content development and audience engagement, with an expanded catalog that appeals to a diverse array of viewers.