Science, Discovery, Tech and Environment · 7 December 2025

Netflix to acquire Warner Bros. in $82.7 billion deal, combining streaming giant with century-old studio

Exam-focused facts from the 7 December 2025 current affairs briefing.

Key facts

  • Netflix said it is buying Warner Bros. in a deal valued at $82.7 billion.
  • Netflix will buy Warner Bros. for $27.75 per share, giving the deal an equity value of $72 billion and a total enterprise value of $82.7 billion.
  • The transaction is expected to close in 12 to 18 months.
  • Netflix pledged to honor any contractual agreements for releasing Warner Bros.' studio films.