**Netflix to Acquire Warner Bros. for $72 Billion Mega Deal**
Netflix has announced that it will acquire Warner Bros. for $72 billion, marking one of the largest media deals ever. The decision comes after Warner Bros. was officially split from its parent company, Warner Bros. Discovery, earlier this week.
According to a report from The Wall Street Journal, the deal will give Netflix control of Warner Bros.’ vast library. This includes popular franchises such as Harry Potter, DC Comics titles, and classic films like Casablanca. Analysts say the move proves Netflix is serious about dominating the global entertainment industry.
The acquisition is a major milestone for Netflix, which began as a DVD rental service in 1997. Over the years, it turned into one of the biggest streaming platforms in the world. Now, by acquiring a legacy studio like Warner Bros., Netflix is stepping into the traditional Hollywood arena in a big way.
Warner Bros. Discovery had been struggling financially and operationally for some time. The split was part of a larger restructuring plan to focus on core business areas and reduce debt. With Warner Bros. now a separate company, Netflix saw a key opportunity to expand its presence in film and TV production.
The $72 billion deal includes not only Warner Bros. Pictures and TV divisions, but also streaming service HBO Max. Netflix confirmed that the combined content would remain available to current HBO Max subscribers, but future integration is expected within the Netflix app.
Industry experts believe this deal will reshape the future of the streaming world. With Disney+, Amazon Prime Video, Apple TV+, and now an even larger Netflix, the competition is higher than ever. It’s also expected that more consolidation could happen in the media space soon.
This deal still needs approval from U.S. and international regulators, who may look closely into how it affects competition. If approved, the merger is set to close in mid-2026. Until then, both companies will continue to operate independently.
With this bold move, Netflix sends a strong signal that it is not just a tech company, but a full-fledged entertainment empire.
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