Netflix seals $82.7B deal to acquire Warner Bros. after Discovery Global spin-off
Netflix has formally signed an agreement to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a landmark cash-and-stock deal valuing the studio at an enterprise value of $82.7 billion. The transaction will close once WBD completes the previously announced separation of its Global Networks division-Discovery Global-into a standalone, publicly traded company, now scheduled for Q3 2026. … Read more