NEW DELHI: Streaming giant Netflix has reportedly submitted a binding, mostly-cash bid to acquire Warner Bros studio and HBO, a move that could dramatically reshape the global entertainment landscape.
If successful, the deal would transform Netflix from the world’s largest streaming platform into a traditional Hollywood studio powerhouse.
🚨 Why Netflix Is Buying a Traditional Studio (Warner Bros)
Netflix $NFLX has submitted a binding, mostly-cash bid for the Warner Bros studio and HBO — a deal that would instantly turn the world’s biggest streamer into a full Hollywood studio.
Warner Bros Discovery $WBD, with… pic.twitter.com/6M4ctgw2ld
— Perplexity Finance (@PPLXfinance) December 2, 2025
According to a post shared by Perplexity Finance, Warner Bros Discovery (WBD), which holds roughly $60 billion in equity value and nearly $30 billion in net debt — an implied enterprise value of approximately $90 billion — put itself up for sale following a series of unsolicited takeover offers.
Netflix is reportedly supporting its acquisition attempt with a multi–tens-of-billions bridge loan, signaling its intention to take full control of the Warner Bros film studio and HBO’s content production ecosystem, rather than merely licensing individual titles. The aggressive move underscores Netflix’s strategy to secure premium intellectual property and strengthen its competitive position against rivals such as Disney, Amazon, and Apple.
Why This Major Studio Purchase Makes Strategic Sense
Industry analysts note several reasons the deal may align with Netflix’s long-term roadmap:
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Greater ownership of globally recognized franchises and IP
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Reduced licensing costs and dependency on external studios
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Competitive advantage as streaming growth slows and content wars intensify
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Strengthening Netflix’s theatrical distribution capabilities
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Expanded revenue streams beyond subscription-based models
Impact on the Entertainment Industry
If approved, the acquisition could become one of the most consequential mergers in Hollywood history, reshaping both streaming and traditional film business economics.
Warner Bros Discovery currently owns major franchises including DC Universe, Harry Potter, Lord of the Rings, and Game of Thrones, which represent enormous commercial power.
The development has already ignited debate among market analysts and regulators, as concerns over industry consolidation and antitrust scrutiny are expected to intensify in the coming months.
This is a developing story and further updates are awaited.
