Updated: Dec 05, 2025 07:17 PM IST
It was announced that Netflix, Inc. (Company) and Warner Bros. Discovery, Inc. (WBD) has entered into a definitive agreement for this transaction.
In a historic deal, Netflix announced it will acquire Warner Bros., including its film and television studios, HBO Max and HBO Max. Netflix’s official social media accounts shared the announcement along with details of the deal. According to the report, the cash and stock transaction is valued at $27.75 per WBD share, with a total enterprise value of approximately $82.7 billion (equity value $72.0 billion). tudum On Friday.
about the acquisition
“Our mission has always been to entertain the world,” Netflix co-CEO Ted Sarandos said in a statement. Including Warner Bros.’ With an incredible library of shows and movies – from timeless classics like Casablanca and Citizen Kane to modern favorites like Harry Potter and Friends – along with our culture-defining titles like Stranger Things, Kpop Demon Hunters and Squid Game, we’ll be able to do it even better. Together, we can give audiences more of what they love and help define the next century of storytelling.
Meanwhile, David Zaslav, Chairman and CEO of Warner Bros. Discovery, said, “Today’s announcement combines two of the world’s greatest storytelling companies to bring even more people the entertainment they love to watch most. For more than a century, Warner Bros. has thrilled audiences, captured the world’s attention, and shaped our culture. Together with Netflix, we will ensure that people everywhere can enjoy the world for generations to come.” will continue to enjoy America’s most resonating stories.”
More information
The deal comes in conjunction with a transaction that values ​​Warner Bros. Discovery at $27.75 per share, the report said. Which means the total equity value is approximately $72.0 billion, with the enterprise value being approximately $82.7 billion.
Meanwhile, according to this transaction, each shareholder of Warner Bros. Discovery will receive $27.75 per share, giving a total equity value of approximately $72.0 billion and an enterprise value of approximately $82.7 billion. The report said the transaction was unanimously approved by the boards of directors of both Netflix and WBD.