As a film buff, I’ve been following the news, and it sounds like Netflix and Warner Bros. are getting seriously close to a deal! There’s been a lot of talk lately about the timing and specifics of their negotiations, and it seems like we might be hearing some big updates soon – they’re apparently at a really important point in the process right now.
Netflix and Warner Bros. begin exclusive talks for sale
Netflix is reportedly in exclusive negotiations to acquire Warner Bros. Discovery’s film and television studios, as well as its HBO Max streaming service. Bloomberg reports that Netflix has offered to pay a $5 billion penalty if the deal isn’t approved by regulators.
Sources say an announcement about a potential sale could happen within the next few days, assuming negotiations continue to go well. Warner Bros., currently worth over $60 billion, is expected to finalize the separation of its cable networks before completing any sale.
After a close competition, Netflix is set to acquire a company, surpassing bids from Paramount and Comcast. Bloomberg reported Netflix offered $30 per share, exceeding Paramount’s earlier offer of $27 per share. Paramount, in a December 1st letter, maintained its deal had a better chance of regulatory approval. However, on December 3rd, Paramount’s lawyers claimed the sale process was unfair.
If the deal goes through, Netflix would own HBO, along with popular shows and movies like The Sopranos, The White Lotus, Harry Potter, and Friends. This also includes Warner Bros.’ studio facilities in Burbank and its extensive film and television archive.
Bloomberg Intelligence pointed out that a $30-per-share offer would value Warner Bros.’ assets at a high $75 billion. They also highlighted that combining the companies would create a subscriber base of around 450 million, which could trigger antitrust issues.
U.S. officials are already expressing concerns about the deal. Representative Darrell Issa warned it could negatively impact consumers, and Senator Mike Lee voiced similar worries, Bloomberg reported.
If the acquisition goes through, Netflix, which originally started as a DVD rental service, will own one of the longest-running movie studios in Hollywood.
Originally reported by Anubhav Chaudhry on ComingSoon.
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2025-12-05 10:57