Netflix is making a historic acquisition with Warner Bros.

A New Era Begins with Netflix and Warner Bros.

Netflix (NFLX) has taken a significant step in the cinema world by making a deal to acquire Warner Bros. Discovery (WBD). This development marks the end of a competitive bidding process involving giants like Paramount Skydance and Comcast.

Details of the Agreement

According to the statements made, the acquisition consists of both cash and stock. The share price for Warner Bros. has been set at $27.75, raising the total corporate value of the system to $82.7 billion, while the equity value reaches $72 billion.

Scope of the Acquisition

With this agreement, Netflix will bring Warner Bros.' renowned film studio and popular streaming service HBO Max into its fold. Warner Bros. Discovery is also continuing its process of divesting significant premium TV networks such as TNT and CNN during a planned reorganization.

An Important Convergence in the Media Sector

This deal stands out as a significant turning point in Netflix's journey to becoming a major broadcaster. Warner Bros. hosts many famous projects such as "The Wizard of Oz," the "Harry Potter" series, and the DC Comics universe, which includes Superman and Batman. Additionally, HBO Max content like "The Sopranos" and "Game of Thrones" will also be included in Netflix’s library.

Timeline of the Acquisition Process

The acquisition process is expected to be completed in the third quarter of 2026, after the separation processes of Warner Bros. Discovery's television networks are completed. As a result of the agreement, Warner Bros. Discovery shareholders will receive $23.25 in cash and $4.50 in Netflix common stock for each share.

This major acquisition aims not only to create a new competitive environment in the media sector but also to offer viewers a wealth of content options.