Netflix Buys Warner Bros For $72B, Promises No Mega-Merger Hangover
KEY POINTS
- â˘On November 10, 2025, Netflix announced it would acquire Warner Bros. from Warner Bros. Discovery for $72 billion.
- â˘Co-CEO Greg Peters stated Netflix understands the entertainment industry, contrasting their deal with past failed mergers.
- â˘Netflix emphasized it has a strong business and is not pursuing the acquisition as a lifeline.
On November 10, 2025, streaming titan Netflix pulled out the corporate checkbook to paint Philadelphia red with a $72 billion acquisition of Warner Bros., freshly peeled from Warner Bros. Discoveryâs grasp. Co-CEO Greg Peters took investors on a pep talk cruise from Netflix House King of Prussia, waving off notorious trainwreck past mergers like AT&T-Time Warner 2018 and AOL-Time Warner 2000. His message? Netflix gets showbiz. Their business is healthy, unlike previous desperate company marriages. Itâs not Netflixâs lifeline, but a confident leap into the entertainment abyss with âkey businesses we understandââbecause, after decades of flops, why not double down?
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Netflix just bought Warner Bros for $72B and claims it actually understands entertainment â the same way my toaster understands fine dining.
Netflix swears this mega-merger wonât crash, even though AT&T's shining example says otherwise.
Buying Warner Bros for $72 billion sounds sane until you remember that AOL once felt this smart too.
Source: Businessinsider | Published: 12/5/2025 | Author: Lucia Moses
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