Warner Bros, Netflix and Movies
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Netflix announced it will buy Warner Bros. in a $72-billion deal that includes ownership of iconic properties like Harry Potter and the DC Universe.
Warner Bros.’ studios are world-class, with Warner Bros. recognized as a leading supplier of television titles and filmed entertainment. HBO and HBO Max also provide a compelling, complementary offering for consumers. Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.
Netflix, as part of its offer to acquire Warner Bros. Discovery’s studios and streaming biz, has pledged to continue releasing WB’s movies in theaters, Variety confirmed. Sources familiar with the situation said Netflix informed WBD execs that the ...
Netflix has triumphed in the bidding war for Warner Bros. and HBO. On Friday morning, Netflix said it has reached a deal with Warner Bros. Discovery to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion, plus debt.