JOURNAL ARTICLE

Warner Bros. Begins Exclusive Deal Talks With Netflix.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shaw, Lucas; Davis, Michelle F. 3 of 3

Abstract

The article discusses Warner Bros. Discovery Inc.'s exclusive negotiations to sell its film and TV studios, along with the HBO Max streaming service, to Netflix Inc. for a potential deal valued at $5 billion, which includes a breakup fee if regulatory approval is not granted. This acquisition would significantly alter the entertainment landscape by merging Netflix, the leading paid streaming service, with Warner Bros., a historic Hollywood studio known for its extensive content library, including popular franchises like Harry Potter and Friends. The negotiations have sparked competition from other companies, notably Paramount Skydance Corp. and Comcast, and have raised concerns about antitrust implications due to the combined subscriber base of approximately 450 million. The traditional TV sector is experiencing a decline, further motivating this strategic shift in the industry. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:189829234
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