LOADING ERROR LOADINGDec 5 (Reuters) - Netflix has agreed to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer. Warner Bros Discovery shares rose nearly 4.4% to $25.6 premarket, while Netflix fell about 3% and Paramount 2.2%. Even before the bids were in, some members of Congress said a Netflix–Warner Bros Discovery deal could harm consumers and Hollywood. Netflix has offered Warner Bros Discovery a $5.8 billion breakup fee, while Warner Bros Discovery would pay Netflix $2.8 billion if the deal collapses. AdvertisementBuying Warner Bros, however, could deepen its gaming bet.

Source: Huffington Post December 05, 2025 19:13 UTC