Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing
In an ongoing struggle over the future of Warner Bros. Discovery, Netflix says it is now prepared to pay all cash for Warner Bros. and HBO …
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026
Netflix announced this week that it had reached … Axios : Netflix to buy Warner Bros. for nearly $83 billion Alex Pigman / Taipei Times : Warner Bros acquisition by Netflix sparks backlash Victory Emm...
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business
A Warner Bros. spokesperson has confirmed the video game division will be acquired by Netflix alongside its wider streaming and television business.
AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders
Drew FitzGerald / Wall Street Journal :
Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come
Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.
Sources: AT&T decides not to sell its Warner Bros. gaming division, deciding to abandon a potential ~$4B deal once it realized the division's growth potential
- Boom in gameplay takes unit off list of assets to jettison — ‘No sacred cows,’ said Stankey, but this could be an exception
Sources: Microsoft has expressed interest in acquiring the games division of Warner Bros., publisher of game franchises based on Batman, Harry Potter, others
Jessica Toonkel / The Information :
Sources: AT&T is considering selling its Warner Bros. gaming division for about $4B, with Take-Two Interactive, EA, and Activision Blizzard expressing interest
- AT&T is considering selling its Warner Bros. gaming division for about $4 billion, sources say.
Sources: WarnerMedia abandons plan for a three-tiered streaming service, will likely package HBO, Cinemax, and the Warner Bros. library together for $16-$17/mo
New package is expected to include HBO, Cinemax and Warner Bros. content for barely more than HBO's current streaming service
AT&T has completed its $85.4B acquisition of Time Warner
AT&T Inc. has completed its acquisition of Time Warner Inc., bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T's leadership in technology and its video, m...