By Master 
The entertainment industry is witnessing an unprecedented shift: Netflix announced the acquisition of Warner Bros. Discovery in a deal valued at more than $82.7 billion, positioning itself as the new global giant in cinema and streaming.
đź“Ś Deal Details
- Total value: $82.7 billion (including debt and shares).
- What’s included: Warner Bros. film and television studios, plus the streaming platforms HBO and HBO Max.
- WBD shareholders: will receive $23.25 in cash and $4.50 in Netflix shares for each share.
- Competition beaten: Netflix outbid Paramount Skydance and Comcast.
🎬 Industry Impact
With this acquisition, Netflix adds iconic franchises such as Harry Potter, Game of Thrones, The Sopranos, The Wizard of Oz, and the DC Comics universe to its library, alongside original productions like Stranger Things and Money Heist.
The deal also ensures Warner Bros. will continue releasing films in theaters, while Netflix strengthens its strategy of exclusive streaming content.
🌍 What It Means for Users
- More content on Netflix: HBO and HBO Max are expected to be integrated into the platform.
- Operational savings: Netflix estimates cost reductions of $2–3 billion.
- New global leader: Analysts believe this merger marks the end of the “streaming wars,” positioning Netflix as Hollywood’s dominant force.
đź“… Next Steps
The final closing of the deal is scheduled for the third quarter of 2026, following the separation of the Discovery Global division and regulatory approval.
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