Netflix to acquire Warner Bros. Discovery and HBO Max in $72 billion deal

The agreement puts an end to a weeks-long bidding war that included David Ellison's Paramount Skydance.

Dec 10, 2025 - 07:00
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Netflix to acquire Warner Bros. Discovery and HBO Max in $72 billion deal
The agreement puts an end to a weeks-long bidding war that included David Ellison's Paramount Skydance.

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