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Netflix to buy Warner Bros. and HBO Max

If approved by Trump administration regulators, the deal would lead to a new entertainment and technology behemoth.

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Dec 5, 2025 β€’ 7:12 AM EST β€’ Entertainment β€’ nbcnews.com
High-Signal Publisher
Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion

A deal "could potentially be killing three birds with one stone," argues one Wall Street analyst, while another one touts "iconic franchises that could be exploited for decades to come."

hollywoodreporter.com logo
Dec 5, 2025 β€’ 7:08 AM EST β€’ Entertainment β€’ hollywoodreporter.com
Netflix agrees to buy Warner Bros studio and streaming business in $83bn deal

Deal will transform US tech company into the dominant player in Hollywood

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Dec 5, 2025 β€’ 7:06 AM EST β€’ Business β€’ ft.com
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Netflix reportedly closes in on Warner Bros deal

The streaming giant has emerged as the top bidder ahead of rivals Comcast and Paramount Skydance, reports say.

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Dec 5, 2025 β€’ 4:46 AM EST β€’ Business β€’ bbc.com
Paramount throws in more cash in bid for Warner; Comcast wants to combine assets with NBCUniversal

Jockeying for HBO-owner Warner Bros. Discovery has intensified as the auction appears to enter its home stretch.

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Dec 2, 2025 β€’ 5:51 PM EST β€’ Entertainment β€’ latimes.com
With new bids, Warner Bros. Discovery looks to narrow the auction field

Paramount, Comcast and Netflix are poised to submit a second bid on Monday, kicking the auction into high-gear.

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Dec 1, 2025 β€’ 3:26 PM EST β€’ Entertainment β€’ latimes.com