Netflix (NFLX) supports Warner Bros. Discovery (WBD) board's commitment to merger agreement

Netflix's strong support for the merger with Warner Bros.

Newsquawk StaffPublished On the live feed at 5 more headlines followed before this page went public
Newsquawk headlinesUTC

Argentina announces USD 3bln repo with international banks, Bloomberg TV reports

China VP must closely monitor crop growth, soil moisture, and prevent disasters like cold waves and droughts and ensure safe overwintering of winter wheat, Xinhua reports

Netflix (NFLX) supports Warner Bros. Discovery (WBD) board's commitment to merger agreement

US MBA 30-Year Mortgage Rate (Jan/02) 6.32% (Prev. 6.31%)

Warner Bros Discovery (WBD) says board deems Paramount Skydance (PSKY) offer inadequate due to insufficient value and risks

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Under the terms of the agreement announced December 5, 2025, Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO, in a cash-and-stock transaction valued at USD 27.75 per WBD share, with a total enterprise value of approximately USD 82.7bln.
  • As previously disclosed, the transaction is expected to close in 12-18 months from the date that Netflix and WBD originally entered into their merger agreement
Context

Discovery signals confidence in the strategic fit and growth potential of the combined entity. The agreement, valued at approximately $82.7 billion, is credible given the media landscape's shift, which could enhance Netflix's content library and subscriber base, impacting their market position as well as affecting peers in the entertainment sector.

Related headlines

The whole workspace, free to try.

Try it free