This article has been imported from chorus.fm for discussion. All of the forum rules still apply. Netflix has won a bidding war to purchase Warner Bros., including HBO. The cash and stock transaction is valued at $27.75 per WBD share (subject to a collar as detailed below), with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion). The transaction is expected to close after the previously announced separation of WBD’s Global Networks division, Discovery Global, into a new publicly-traded company, which is now expected to be completed in Q3 2026. more Not all embedded content is displayed here. You can view the original to see embedded videos and other embedded content.
Like most monopolies, virtually no one wants this. It would be really cool if the government could start reflecting the will of the people and begin blocking acquisitions/mergers like this, not to mention break up existing conglomerates which are way too big and thus all but destroy competition, reducing options and driving up prices for the consumers.