GUARDIAN MEDIA NEWS
Netflix agrees to buy Warner Bros Discovery studio and streaming business in $83bn deal
Fri, 05 Dec 2025
Streaming service to gain control of studio behind Harry Potter and Batman, as well as HBO, home to The White Lotus and Game of Thrones
Netflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.
The streaming company will take control of WBD’s prize assets such as Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession.
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