Netflix has reached a landmark agreement to acquire Warner Bros. Discovery for $83 billion, gaining control over blockbuster franchises, studios, and HBO streaming content. The deal consolidates two entertainment giants and positions Netflix as a dominant force in global media. With show libraries spanning Harry Potter, DC Comics, and HBO hits, the acquisition could transform the content landscape for years to come.
00:00Netflix has officially struck a historic deal to acquire Warner Bros Discovery for $83 billion.
00:07The agreement hands Netflix control over legendary studios, hit streaming services and iconic franchises like Harry Potter, DC Comics and HBO Programming.
00:18Warner Bros Cable Networks will remain separate under a planned spin-off, clearing the way for the sale.
00:24Netflix's bet signals a bold shift for the streaming giant, from creator to owner of one of Hollywood's greatest content libraries.
00:32The acquisition could redefine how we consume movies and shows in the coming years, giving Netflix unrivaled scale and content power.
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