Netflix to Acquire Warner Bros. Studio and Streaming Business for $72 Billion

The Associated Press
11:00 JST,
December 6, 2025
NEW YORK (AP) — Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max, in a $72 billion deal that would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.
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